The following accounts were taken from the financial statements of Crofoot Company.
______ Interest revenue ______ J. Crofoot, Capital
______ Utilities payable ______ Accumulated depreciation
______ Accounts payable ______ Machinery
______ Supplies ______ Salaries expense
______ Bonds payable ______ Investment in real estate
______ Trademarks ______ Unearned rent
Match each of the accounts to its proper balance sheet classification, as shown below. If the item would not appear on a balance sheet, use “NA.”
Current assets (CA).......... Current liabilities (CL)
Long-term investments (LTI)...... Long-term liabilities (LTL)
Property, plant, and equipment (PPE).. Owner’s equity (OE)
Intangible assets (IA)