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STORITVISTITIVEN. Question 1 of 10 > View Policies Current Attempt in Progress The following are the major statement of financial position classifications: 1. 2. 3.

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STORITVISTITIVEN. Question 1 of 10 > View Policies Current Attempt in Progress The following are the major statement of financial position classifications: 1. 2. 3. 4. Current assets Long-term investments Property, plant, and equipment Intangible assets Current liabilities Non-current liabilities Share capital Retained earnings 5. 6. 7. 8. STORITVISTITIVEN. Question 1 of 10 > View Policies Current Attempt in Progress The following are the major statement of financial position classifications: 1. 2. 3. 4. Current assets Long-term investments Property, plant, and equipment Intangible assets Current liabilities Non-current liabilities Share capital Retained earnings 5. 6. 7. 8. Classify each of the following selected accounts by its appropriate classification above: (a) Accounts payable (b) Accounts receivable Ich Accumulated depreciation (di Buildings le) Cash it Common shares (e) Current portion of mortgage payable Patents (i) (1) Dividends declared Income tax payable Long-term investments [k] (1) Land (m) Inventory (ni Supplies (0) Mortgage payable, due in 20 years (pl Prepaid insurance Unearned revenue

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