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Please answer the two columns for "Classification". I have given my guess, I want to ensure my understanding of the material.

Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets, Current Liabilities, Long-Term Liabilities, and Equity. For each of the following items, identify the balance sheet category where the item typically would best appear. If an item does not appear on the balance sheet, indicate that instead. Account Title Classification Account Title Classification 1. Office equipment Plant assets 11. Notes receivable (due in 2 years) Intangible assets Plant assets Current liabilities Current assets Current liabilities 2. Depreciation expense-Building 3. Buildings 4. Bonds payable (due in 10 years) 5. Trucks 6. Mortgages payable (due in 6 years) 7. Automobiles 8. Notes payable (due in 3 years) 12. Interest payable (due in 1 week) 13. Long-term investment in stock 14. Wages payable 15. Office supplies 16. Salaries payable 17. Merchandise inventory 18. Unearned revenue Plant assets Long-term liabilities Plant assets Long-term liabilities Plant assets Long-term liabilities Equity Equity Current assets Current liabilities Current assets Current liabilities Equity 9. Utilities expense 19. Rental revenue 10. Services revenue 20. Accounts payable Current liabilities

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