Classify the financial statement items

Reference no: EM131192002

Classify each of the following financial statement items based upon the major balance sheet classifications.

Current assetsStockholders' equityLong-term liabilitiesIntangible assetsCurrent liabilitiesLong-term investmentsProperty, plant, and equipment		Prepaid advertising
Stockholders' equityLong-term liabilitiesIntangible assetsCurrent assetsCurrent liabilitiesLong-term investmentsProperty, plant, and equipment		Equipment
Stockholders' equityCurrent liabilitiesIntangible assetsCurrent assetsLong-term investmentsLong-term liabilitiesProperty, plant, and equipment		Trademarks
Current assetsIntangible assetsLong-term investmentsLong-term liabilitiesCurrent liabilitiesProperty, plant, and equipmentStockholders' equity		Salaries and wages payable
Stockholders' equityLong-term liabilitiesProperty, plant, and equipmentIntangible assetsCurrent assetsCurrent liabilitiesLong-term investments		Income taxes payable
Current liabilitiesLong-term investmentsIntangible assetsLong-term liabilitiesCurrent assetsProperty, plant, and equipmentStockholders' equity		Retained earnings
Stockholders' equityLong-term liabilitiesCurrent assetsProperty, plant, and equipmentIntangible assetsCurrent liabilitiesLong-term investments		Accounts receivable
Property, plant, and equipmentCurrent liabilitiesLong-term liabilitiesCurrent assetsStockholders' equityLong-term investmentsIntangible assets		Land (held for future use)
Intangible assetsLong-term investmentsCurrent liabilitiesCurrent assetsLong-term liabilitiesProperty, plant, and equipmentStockholders' equity		Patents
Stockholders' equityIntangible assetsCurrent assetsCurrent liabilitiesLong-term investmentsLong-term liabilitiesProperty, plant, and equipment		Bonds payable
Property, plant, and equipmentLong-term investmentsCurrent assetsLong-term liabilitiesIntangible assetsStockholders' equityCurrent liabilities		Common stock
Intangible assetsStockholders' equityCurrent liabilitiesLong-term liabilitiesCurrent assetsLong-term investmentsProperty, plant, and equipment		Accumulated depreciation-equipment
Stockholders' equityLong-term liabilitiesProperty, plant, and equipmentIntangible assetsLong-term investmentsCurrent assetsCurrent liabilities		Unearned sales revenue
Long-term liabilitiesStockholders' equityCurrent assetsProperty, plant, and equipmentIntangible assetsCurrent liabilitiesLong-term investments		Inventory

Reference no: EM131192002

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