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S600 SI.400 d. $1.000 e. $80o Problems 1. Use the abbreviations below to classify the following balance sheet items. (17 points) CACurrent assets NA -Noncurrent

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S600 SI.400 d. $1.000 e. $80o Problems 1. Use the abbreviations below to classify the following balance sheet items. (17 points) CACurrent assets NA -Noncurrent assets CLCurrent liabilities NL-Noncurrent liabilities SEShareholders' equity xItem generally not appearing on a balance sheet Balance Sheet Items Example Corporation, Inc. January 1, Year 1 a. b. C. d. e. Accounts payable Accounts receivable Bank loan payable, due April 5, Year 2 Bonds payable, due Year 17 Building, net of accumulated depreciation Supplies inventory Commissions paid to sales staff Common stock g. h. Equipment, net of accumulated depreciation Income taxes expense J

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