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The following are balance sheet classifications: A Current assets B Investments and funds C Property, plant, and equipment D Intangible assets F Current liabilities Long-term
The following are balance sheet classifications: A Current assets B Investments and funds C Property, plant, and equipment D Intangible assets F Current liabilities Long-term liabilities H Paid-in capital N if the item does not go on the balance sheet G For each of the following items, type one of the letters from the list above to indicate its balance sheet classification (or "N" if it doesn't go on the balance sheet.) Bonds payable, due in 20 years Computers Deferred consulting revenue which will be earned within 4 months Income tax expense Land, held for speculation Loss on sale of discontinued operation Patents Preferred stock Work in process (a manufacturing company)
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