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The balance sheet contains the following sections: A)CurrentAssetsB)Long-termInvestmentsC)Property,Plant&EquipmentD)IntangibleAssetsE)F)GH)I)OtherAssetsCurrentLiabilitiesLong-termLiabilitiesPaid-InCapitalRetainedEarnings REQUIRED: The following is a list of several accounts. Using the letters A through I above Indicate

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The balance sheet contains the following sections: A)CurrentAssetsB)Long-termInvestmentsC)Property,Plant&EquipmentD)IntangibleAssetsE)F)GH)I)OtherAssetsCurrentLiabilitiesLong-termLiabilitiesPaid-InCapitalRetainedEarnings REQUIRED: The following is a list of several accounts. Using the letters A through I above Indicate in which section of the balance sheet each of the accounts would be classified. If an account should not be classified in any of the sections, indicate with the letter X. 1)PrepaidInsurance9)Franchise 2)DiscountonBondsPayable10)GainontheSaleofLand 3) Allowance for Doubtful Accounts 11) Unearned Rent 4) Trading Securities 1 12) Preferred Stock 5)Supplies6)7)13)FurnitureAccumulatedDepreciationLandHeldasFuturePlantSite14)15)SalaryPayableNotesReceivableDueinSixMonths 8) Petty Cash 16) Goodwill

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