1. Account classification ASSETS LIABILITIES AND CAPITAL a. Current assets f. Current liabilities b. Investments g. Long-term liabilities c. Plant and equipment h. Preferred stock d. Intangibles i. Common stock e. Other assets j. Additional paid-in capital k. Retained earnings l. Items excluded from balance sheet Using the letters above, classify the following accounts according to the preferred and ordinary balance sheet presentation. 1. Bond sinking fund 2. Common stock distributable 3. Appropriation for plant expan sion 4. Bank overdraft 5. Bonds payable (due 2010) 6. Premium on common stock 7. Securities owned by another company which are collateral for that company's note 8. Trading securities 9. Inventory 10. Unamortized discount on bonds payable 11. Patents 12. Unearned revenue