Question: Exercise 3-3 Balance sheet classification [LO3-2, 3-3] The following are the typical classifications used in a balance sheet: a. Current assets f. Current liabilities b.

Exercise 3-3 Balance sheet classification [LO3-2, 3-3]

The following are the typical classifications used in a balance sheet:

a. Current assets f. Current liabilities

b. Investments and funds g. Long-term liabilities

c. Property, plant, and equipment h. Paid-in-capital

d. Intangible assets i. Retained earnings

e. Other assets

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