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 1. Prepaid Insurance (Expires in 5 months) 2. Trademarks 3. Cash 4. Patents 5. Interest receivable 6. Machinery 7. Prepaid rent (2 months of Rent) 8. Equipment 9. Repairs expense 10. Land (used in operations) 11. Depreciation expenseBuilding 12. Office equipment 13. Common stock 14. Buildings | 15. Bonds payable (due in 10 years) 16. Accumulated depreciationTrucks 17. Mortgages payable (due in 6 years) 18. Automobiles 19. Notes payable (due in 3 years) 20. Land held for future expansion Current assets Current liabilities Equity Intangible assets Long-term investments Intangible assets Long-term investments Long-term liabilities No item required Plant assets