The following are the major balance sheet classifications:

Current assets (CA) Current liabilities (CL)

Long-term investments (LTI) Long-term liabilities (LTL)

Property, plant, and equipment (PPE) Stockholders equity (SE)

Intangible assets (IA)

Match each of the items to its proper balance sheet classification, shown below. If the item

would not appear on a balance sheet, use NA.

______ Salaries and wages payable ______ Equipment

______ Service revenue ______ Accumulated depreciation

______ Interest payable equipment

______ Goodwill ______ Depreciation expense

______ Debt investments (short-term) ______ Retained earnings

______ Mortgage payable (due in 3 years) ______ Unearned service revenue

______ Investment in real estate