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Dropdown box options (the drop-down box options are the same for each item on the...

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Question

Accounting

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Dropdown box options (the drop-down box options are the same for each item on the chart):

Current assets

Current liabilities

Equity

Intangible assets

Long-term investments

Long-term liabilities

No item required

Plant assets

From the dropdown box beside each numbered balance sheet item, select the option of its balance sheet classification. If the item should not appear on the balance sheet, choose the option "No item required" from the selection choices. Account Title Classification Account Title Classification 1 Automobiles 11. Merchandise inventory 2 Notes payable (due in 3 years) 3 Land held for future expansion 4 Notes payable (due in 2 months) 5. Notes receivable (due in 2 years) 6. Interest payable (due in 1 week) 7. Long-term investment in stock 8. Wages payable 9. Office supplies 10. Salaries payable 12. Current portion of long-term note payable 13. Short-term notes receivable (due in 1 month) 14. Unearned services revenue 15. Accounts receivable 16. Accounts payable 17. Short-term investments 18. Taxes payable (Due in 5 weeks) 19. Supplies 20. Goodwill

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