Statement of Financial Position Sample Excel file The various classifications listed below have been used in the past by Mercury Ltd. in its statement of financial position. The corporation asks your professional opinion concerning the appropriate classification of each of the items 114 below. a) Current Assets b) Investments f) Current Liabilities c) Property, Plant and Equipment g) Long-Term Liabilities h) Share Capital d) Intangible Assets e) Other Assets i) Retained Earnings Indicate by letter how each of the following items should be classified. If an item need not be reported on the statement of financial position, use the letter " X. "A letter may be used more than once or not at all. If an item can be classified in more than one category, choose the best category 13 Work in process 14 Appropriation of retained earnings for bond indebtedness