Question details

Classify the following balance sheet items as current or noncurrent:
$ 5.00

Classify the following balance sheet items as current or noncurrent:

Retained earnings-------------------        Bonds payable

Accounts payable-------------------        Accrued wages payable

Prepaid expenses-------------------         Accounts receivable

Plant and equipment-------------------   Capital in excess of par

Inventory---------------------------------   Preferred stock

Common stock-------------------            Marketable securities

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