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