Current Attempt in Progress Presented below are the captions of Faulk Company's balance sheet. Indicate where each of the following items would be classified. Balance Sheet Accounts Balance Sheet Classification Preferred stock. rini Goodwill. Salaries and wages payable i Accounts payable. Current Assets Investments Property, Plant, and Equipment Intangible Assets Other Assets Current Liabilities NonCurrent Liabilities Capital Stock Additional Paid-in Capital Retained Earnings Buildings. Equity investments (to be sold within one year). s Current maturity of long-term debt. Premium on bonds payable. 9. Allowance for doubtful accounts. 10. Accounts receivable. 11. Cash surrender value of life insurance. Notes payable (due next year). 13. Supplies. 14. Common stock. 15. Land. 16. Bond sinking fund. 17. Inventory 18. Prepaid insurance. 19. Bonds payable. 20. Income taxes payable