The following are the typical classifications used in a balance sheet: a. Current assets b. Investments and funds c. Property, plant, and equipment d. Intangible assets e. Other assets f. Current liabilities 9. Long-term liabilities h. Paid-in-capital i. Retained earnings Required: For each of the following 2018 balance sheet items, use the letters above to indicate the appropriate classification category. (If the item is a contra account, select the appropriate letter with a minus sign.) 1. 2 10 11 3 4. 12 13 5 Accrued interest payable Franchise Accumulated depreciation Prepaid insurance, for 2019 Bonds payable, due in 10 years Current maturities of long-term debt Note payable, due in 3 months Long-term receivables Restricted cash, will be used to retire bonds in 10 years 14 Supplies Machinery Land, in use Deferred revenue, for 2019 Copyrights Preferred stock Land, held for speculation Cash equivalents Wages payable 6 7 15 16 17. 8 9 18