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The following lettered items represent a classification scheme for a balance sheet, and the numbered 2. itenms represent accounts. In the blank next to each

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The following lettered items represent a classification scheme for a balance sheet, and the numbered 2. itenms represent accounts. In the blank next to each account, write the letter indicating to which category it belongs. (11 Points) e. Current liabilities a. Current assets f. Long-term liabilities c. Plant and equipment g. Owner's equity b. Investments d. Intangible assets h. Not on balance sheet 1. Accumulated Depreciation 7. Trademark 8. Notes Payable (in five years) 2. Revenues Received in Advance 3. Interest Expense 9. Depreciation Expense 10. Prepaid Interest 11. Land Held for Future Use 4. Wages Payable 5. Owner's Capital 6. Inventory

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