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  3. for each of the following balance sheet items, ind

For each of the following balance sheet items, indicate the appropriate classification category...

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Accounting

For each of the following balance sheet items, indicate the appropriate classification category from the dropdown list. Note: If the item is a contra account, select the appropriate classification category with "- contra" from the dropdown list.
\table[[1.,L,Equipment],[2.,7,Accounts payable],[3.,5,Allowance for uncollectible accoffets],[4.,7,Land (held for investment)],[5.,5,Notes payable (due in 5 years)],[6.,,Deferred revenue (for the next 12 months)],[7.,L,Notes payable (due in 6 months)],[8.,.,Accumulated amount of net income less dividends],[9.,,Investment in XYZ Corporation (long-term)],[10.,,Inventory],[11.,,Patent],[12.,_,Land (used in operations)],[13.,L,Accrued liabilities (due in 6 months)],[14.,,Prepaid rent (for the next 9 months)],[15.,,Common stock],[16.,5,Building (used in operations)],[17.,L,Cash],[18.,,Income taxes payable]]
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