Question: Classify the following balance sheet items as current or noncurrent as they would appear on a statement of financial position: Retained earnings - noncurrent asset

Classify the following balance sheet items as current or noncurrent as they would appear on a statement of financial position: Retained earnings - noncurrent asset Accounts payable - current asset Prepaid expense - [ Select] > Plant and equipment - [Select] > Inventory - Select ] Common stock - [Select) Bonds payable - [Select] Accrued wages payable - [Select] Accounts receivable - [Select] Capital in excess of par - (Select] > Preferred stock - [Select] Marketable securities - [ Select ]
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