Acc280 Financial Accounting: BE4-11 The following are the major balance sheet classifications

Acc280 Financial Accounting
BE4-11
The following are the major balance sheet classifications:
Current assets (CA)
Long-term investments (LTI)
Property, plant, and equipment (PPE)
Intangible assets (IA)
Current liabilities (CL)
Long-term liabilities (LTL)
Owner's equity (OE)

Match each of the following accounts to its proper balance sheet classification.
Accounts payable
Accounts receivable
Accumulated depreciation
Building
Cash
Copyrights
Income tax payable
Investment in long-term bonds
Land
Merchandise inventory
Patent
Supplies
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