From the dropdown box beside each numbered balance sheet item, select the option of its balance sheet classification. If the item should not appear on the balance sheet, choose the option "No item required" from the selection choices. Account Title Classification Account Title Classification 1. Prepaid rent (2 months of Rent) 2. Salaries payable 3. Merchandise inventory Current portion of long-term note 11. Supplies 12. Goodwill 13. Office supplies Current assets 14. Franchises Current liabilities 4. payable Short-term notes receivable (due in 1 15. Store supplies 5. |month) 6 16. Copyrights 17 Prepaid Insurance (Expires in 5 months) 18. Trademarks Unearned services revenue 7.Accounts receivable 8Accounts payable 9. Short-term investments 10. Taxes payable (Due in 5 weeks) 19. Cash 20. PatentsA. Current assetsB. Long-term investmentsC. Plant assetsD. Intangible assetsE. Current liabilitiesF. Long-term liabilitiesG. Equity