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Report

Chapter 2
The following are the major balance sheet classifications: Current assets; Current liabilities; Long-term investments; Long-term liabilities; Property, plant, and equipment; Common stock; Intangible assets; Retained earnings. 
Match each of the following accounts to its proper balance sheet classification. 
|Current liabilities |Accounts payable |
|Current liabilities |Income tax payable |
|Current assets |Accounts receivable |
|Long-term investments |Investment in long-term bonds |
|Property, plant, and equipment |Accumulated depreciation |
|Property, plant, and equipment |Land |
|Property, plant, and equipment |Building |
|Current assets |Merchandise inventory |
|Current assets |Cash  |
|Intangible assets |Patent  |
|Intangible assets |Goodwill...