Please also explain overall criteria(s) by which you are marking the items. So, just overall explanation of why this segment includes these exact items, explanation of the classification, would be great. That would really help me out for learning. Thank you!

According to its annual report, "P&G's more than 250 brands include Pampers, Tide, Ariel, Always, Whisper, Pantene, Bounty, Pringles, Folgers, Charmin, Downy, Lenor. Iams, Olay, Crest, Vicks and Actonel." The following are items taken from its recent balance sheet and income statement. Note that different companies use slightly different titles for the same item. Mark each item in the following list as an asset (A) lability (L), or stockholders' equity (SE) item that would appear on the balance sheet, or a revenue (R) or expense (E) that would appear on the income statement (1) Accounts receivable (2) Cash and cash equivalents (9) Income taxes (10) Accounts payable (3) Net sales -(11) Land (4) Notes payable (5) Taxes payable (6) Retained earnings (7) Cost of products sold (8) Marketing, administrative, and other operating (12) Property, plant, and equipment (13) Long-term debt 14) Inventories (15) Interest expense expenses