Question: Select from the option list provided the best classification for each item below. Each choice may be used once, more than once, or not at

Select from the option list provided the best classification for each item below. Each choice may be used once, more than once, or not at all. Item Classification 1. Leasehold improvements 2. Loans to officers not expected to be collectible within 1 year 3. Bonds payable issue costs 4. Trading securities 5. Goodwill 6. Cash equivalents 7. Cash restricted to payment of pension obligations

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