Question: Practice Exercise 4-I ce an X in the appropriate classification for each balance sheet item listed below. Short-Term Asset Long-Term Asset Short- Long-Term Liability Liability

 Practice Exercise 4-I ce an "X" in the appropriate classification for

Practice Exercise 4-I ce an "X" in the appropriate classification for each balance sheet item listed below. Short-Term Asset Long-Term Asset Short- Long-Term Liability Liability Payroll taxes due Accounts receivable Land Mortgage payable (noncurrent) Buildings Note payable (due in 24 months) Inventory Accounts payable Cash on hand

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