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 Classification Account Title Classification No item required 11. Office supplies 12. Franchises 1. Merchandise inventory Current portion of long-term note 2. payable Short-term notes receivable (due in 1 3. month) 4. Unearned services revenue 13. Store supplies 14. Copyrights 5. Accounts receivable 15. Prepaid Insurance (Expires in 5 months) 16. Trademarks 6. Accounts payable 7. Short-term investments 17. Cash 18. Patents 8. Taxes payable (Due in 5 weeks) 9. Supplies 19. Interest receivable 10. Goodwill 20. Machinery