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
g. Long-term liabilities
h. Paid-in-capital
i. Retained earnings

Required:
For each of the following balance sheet items, use the letters above to indicate the appropriate classification category. If the item is a contra account, place a minus sign before the chosen letter.
1. ________________ Equipment
2. ________________ Accounts payable
3. ________________ Allowance for uncollectible accounts
4. _______________ Land, held for investment
5. ________________ Note payable, due in 5 years
6. ________________ Unearned rent revenue
7. ________________ Note payable, due in 6 months
8. ________________ Income less dividends, accumulated
9. ________________ Investment in XYZ Corp., long-term
10. ________________ Inventories
11. ________________ Patent
12. ________________ Land, in use
13. ________________ Accrued liabilities
14. ________________ Prepaid rent
15.________________ Common stock
16. ________________ Building, in use
17. ________________ Cash
18. ________________ Taxes payable