Ordering the Classifications on a Typical Balance Sheet Following is a list of classifications on the balance

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Ordering the Classifications on a Typical Balance Sheet
Following is a list of classifications on the balance sheet. Number them in the order in which they normally appear on a balance sheet.
No. Title
___ Long-term liabilities
___ Current liabilities
___ Long-term investments
___ Intangible assets
___ Contributed capital
___ Current assets
___ Retained earnings
___ Property, plant, and equipment
___ Other noncurrent assets

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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