The following are the major balance sheet classifications.Current assets (CA)Current liabilities (CL)Long-term investments (LTI)Long-term liabilities (LTL)Property, plant, and equipment (PPE)Stockholders?? equity (SE)Intangible assets (IA)InstructionsClassify each of the following financial statement items taken from Inshore Corporation??s balancesheet.

Accounts payable Accounts receivable Accumulated depreciation- Income taxes payable Inventory Investments equipment Land Mortgage payable Supplies Equipment Prepaid rent Buildings Cash Interest payable Goodwill