Business, 20.03.2020 08:03 ultimatesaiyan

Classify the following accounts according to the preferred and ordinary balance sheet presentation. 1. Bond sinking fund 2. Common stock dividend distributable 3. Appropriation for plant expansion 4. Bank overdraft 5. Bonds payable (due 2020) 6. Premium on Common stock 7. Securities owned by another company which are collateral for that company's note 8. Equity investments (trading) 9. Inventory 10. Discount on bonds payable 11. Patents 12. Unearned rent revenue

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Classify the following accounts according to the preferred and ordinary balance sheet presentation....