QS $3-26($Algo$)$ Classifying balance sheet items LO C$2$

$\backslash$table$[[,\backslash$table$[[$Common categories of a classified balance sheet include Current Assets, Long$-$Te$],[$Current Liabilities, and Long$-$Term Liabilities. For each of the following items, ident$],[$most likely appear.$]],],[,$Items,Balance Sheet Category$],[1.$ Cash,Current assets,$],[2.$ Supplies,Current assets,$],[3.$ Land,Current assets,$],[4.$ Copyrights,Long$-$term investments,$],[5.$ Wages payable,Plant assets,$],[6.$ Accounts receivable,Plant assets,$],[7.$ Franchises,Long$-$term investments,$],[8.$ Accounts payable,,$]]$