Question: From the dropdown box beside each numbered balance sheet Item, select the option of its balance sheet classification. If the item should not appear

From the dropdown box beside each numbered balance sheet Item, select theoption of its balance sheet classification. If the item should not appear

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 1. Accounts receivable 2. Accounts payable 3. Short-term investments 4. Taxes payable (Due in 5 weeks) 5. Supplies 6. Goodwill 7. Office supplies 8. Franchises 9. Store supplies 10. Copyrights Classification Account Title 11. Prepaid Insurance (Expires in 5 months) Intangible assets Long-term investments Long-term liabilities No item required Plant assets Trademarks Cash Patents Interest receivable Machinery Prepaid rent (2 months of Rent) Equipment 19. Repairs expense 20. Land (used in operations) Classification

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