1. Typical balance sheet, multiple step income statement, and other classifications in financial statements are as follows:

Balance Sheet Multiple step income statement

1. Current Assets l. Sales
2. Investments m. Cost of goods sold
3. Plant assets n. Operating expenses- selling
4. Intangible assets o. Operating expense G&A
5. Other assets p. Other revenues and gains
6. Current liabilities q. Other expenses and losses
7. Long-term liabilities r. Discontinued Operations
8. Capital stock s. Extraordinary Item
9. Retained earnings t. Other Comprehensive income(loss)
10. Accumulated other comprehensive income (loss)u. Not reported on financial statements
11. Notes to financial statements v. Prior period adjustment

Indicate by use of the above letters how each of the following items would be presented in the financial statements of a company using a multiple step income statement and a classified balance sheet prepared at December 31, 2021. If a contra account, or any amount that is that is negative or opposite the normal balance, put parentheses around the letter selected. A letter may be used more than once or not at all. (12 points)

_______ 1. Rent revenues for 3 months collected in advance

_______ 2. Investment in commerical paper with an original maturity of 180 days

_______ 3. Unamortized discount on bonds payable due 2024

_______ 4. Accumulated minimum pension liability adjustment losses

_______ 5. Loss on disposal of a component of a business, net of tax

_______ 6. Goodwill

_______ 7. Allowance for Doubtful Accounts

_______ 8. Debt securities classified as held to maturity

_______ 9. Earnings not distributed to stockholders

_______ 10. Unrealized gain on available for sale securities in 2021

_______ 11. Bad debt expense

_______ 12. Treasury Stock