Specify, to the left of each account, the letter of the financial statement classification the account would appear in. Use only the classifications shown.

Balance Sheet Income and Retained Earnings Statement

a. Current Assets j. Sales Revenue

b. Investments k. Cost of Goods Sold

c. Property, Plant, and Equipment l. Operating Expenses

d. Intangible Assets m. Other Revenues and Gains

e. Other Assets n. Other Expenses and Losses

f. Current Liabilities o. Extraordinary Item

g. Long-term Debt p. Retained Earnings Section

h. Capital Stock q. Not on the Statements

i. Retained Earnings

Account balances taken from the ledger of Morin Company on December 31, 2012 follow:

_____ 1. Common Stock, $10 par _____ 16. Inventory

_____ 2. Loss on Disposal of Equipment _____ 17. Salaries and Wages Expense

_____ 3. Buildings _____ 18. Merchandise on order with supplier

_____ 4. Office Expense _____ 19. Interest Revenue

_____ 5. Allowance for Doubtful Accounts _____ 20. Selling Expenses

_____ 6. Notes Payable (Short Term) _____ 21. Interest Expense

_____ 7. Accum. Depreciation