Problem 4-3A Determining balance sheet classifications LO C3 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. Classification Classification Account Title 1. Long-term investment in stock 2. Depreciation expense--Building 3. Prepaid rent (2 months of rent) 4. Interest receivable 5. Taxes payable (due in 5 weeks) 6. Automobiles 7. Notes payable (due in 3 years) 8. Accounts payable 9. Cash 10. Owner, Capital Current assets Current liabilities Equity Intangible assets Account Title 11. Unearned services revenue 42. Accumulated depreciation --Trucks 3. Prepaid insurance (expires in 5 months) 4. Buildings 5. Store supplies 6. Office equipment 7. Land (used in operations) 8. Repairs expenso 19. Office supplies 20. Current portion of long-term note payable