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What are the classification of noncurrent assets presented in a classified balance sheet. Define each category or explain the key characteristics of each category. Beside

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What are the classification of noncurrent assets presented in a classified balance sheet. Define each category or explain the key characteristics of each category. Beside each item indicate the exact section it is to be reported in on a classified balance sheet. Your answers must include the most detailed classification available for the item. In other words, noncurrent asset is not an appropriate answer. You would have to specify which of the 3 categories of noncurrent assets it is reported in. Current assets is an appropriate answer because there are not subclassification of current assets. If an item is not reported on the balance sheet, indicate None. Assume December 31, 2015 is the balance sheet date Store parking lot Copyrights 3-year note receivable that matures in 2016 Bonds payable that mature in 5 years One-year note payable Salaries Payable Air Conditioning unit for an office building Deposits received from customers for work to be done over the first 6 months of 2016 prepaid Insurance Parts inventory for normal routine maintenance to equipment Accounts Payable Additional Paid in Capital on common Stock Investment in common stock to achieve the ability to significantly influence the decisions of the investee over time Investment in common stock to be sold to cover orating expenses in 20!6 Building Dividends Accumulated Depreciation Unearned Rent Revenue Investment in Bonds (Bonds mature in 2020) Interest Receivable

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