3-7A Determining balance sheet classifications LO C3 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 bok 1. Notes receivable (due in 2 years) k Classification Account Title 11. Accounts receivable 12. Accounts payable 13. Short-term investments 14. Taxes payable (Due in 5 weeks) Classification Current assets Current liabilities Current assets Current liabilities nt inces 2. Interest payable (due in 1 week) 3. Long-term investment in stock 4. Wages payable 5. Prepaid rent (2 months of Rent) 6. Salaries payable 7. Merchandise inventory 8. Current portion of long-term note payable 9. Short-term notes receivable (due in 1 month) 10. Uneamed services revenue 15. Supplies 16. Goodwill 17. Office supplies 18. Franchises 19. Store supplies 20. Copyrights Current assets Intangible assets Current assets Intangible assets Current assets Intangible assets