Identify the category in which it would appear on classified, Accounting Basics

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Identify the category in which it would appear on classified

Problem

For each account listed, identify the category in which it would appear on a classified balance sheet. Use the following categories: Current Assets; Long-term Investments; Property, Plant, and Equipment; Intangible Assets; Current Liabilities; Long-term Liabilities; and Owner's Equity. If the item does not belong on the classified balance sheet, put an X.

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Accounting Basics: Identify the category in which it would appear on classified

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