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The following lettered items represent a classification scheme for a balance sheet, and the numbered items represent data found on balance sheets. In the blank
The following lettered items represent a classification scheme for a balance sheet, and the numbered items represent data found on balance sheets. In the blank next to each account, write the letter indicating to which category it belongs. A Current assets B. Investments C. Property, plant, and equipment D. Intangible assets E Current liabilities F. HA G. - Long-term liabilities Stockholders' equity Not on the balance sheet 1. Accounts payable _ 2. Prepaid Rent 3. Equipment 4. Interest Expense 6. Long-term Investment 7 Trademarks 8. Cash 9. Bonds payable-due in 10 years 5. Retained earnings 10 Dividends
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