The following are the typical classifications a. Current assets b. Investments c. Property, plant, and equipment d. Intangible assets e. Other assets Required: For each of the following 2021 balance shee item is a contra account, select the approp 1. -f 2. 2d Interest payable (due in 3 months) The following are the ending balances of ac Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals $ Additional Information: 1. The $120,000 balance in the land account The remaining $20,000 represents the cos 2. The $44,000 balance in the investment in The following are the typical classifications a. Current assets b. Investments c. Property, plant, and equipment d. Intangible assets e. Other assets Required: For each of the following 2021 balance shee item is a contra account, select the approp 1. -f 2. 2d Interest payable (due in 3 months) The following are the ending balances of ac Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals $ Additional Information: 1. The $120,000 balance in the land account The remaining $20,000 represents the cos 2. The $44,000 balance in the investment in