For each of the following balance sheet items, indicate the appropriate classification category from the dropdown list. Note: If the item is a contra account, select the appropriate classification category with contra" from the dropdown list.
tableLEquipmentAccounts payableAllowance for uncollectible accoffetsLand held for investmentNotes payable due in yearsDeferred revenue for the next monthsLNotes payable due in monthsAccumulated amount of net income less dividendsInvestment in XYZ Corporation longtermInventoryPatentLand used in operationsLAccrued liabilities due in monthsPrepaid rent for the next monthsCommon stockBuilding used in operationsLCashIncome taxes payable
