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Match each of the following accounts to its proper balance sheet classification.
select a balance sheet classification Accounts payable
select a balance sheet classification Accounts receivable
select a balance sheet classification Accumulated depreciation
select a balance sheet classification Buildings
select a balance sheet classification Cash
select a balance sheet classification Goodwill
select a balance sheet classification Income taxes payable
select a balance sheet classification Investment in long-term bonds
select a balance sheet classification Land
select a balance sheet classification Inventory
select a balance sheet classification Patent
select a balance sheet classification Supplies

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ayokenny2001

The matching of the accounts to its proper balance sheet classification are : Current Assets, Current liabilities and Intangible Asset.

What is a balance sheet?

A balance sheet is a snapshot of a company's financial health. The balance sheet gives details of assets and liabilities of a company at a specific point in time.

Balance sheet are classified so that they can be easy to read and information extracted.

Balance sheet classification are :

  1. Accounts payable - Current Liabilities
  2. Accounts receivable - Current assets
  3. Accumulated depreciation -  Long-term current asset
  4. Buildings - Fixed asset
  5. Cash - Current Liabilities  
  6. Goodwill - Intangible asset
  7. Income taxes payable - Current liabilities
  8. Investment in long-term bonds - Current asset
  9. Land - Fixed asset
  10. Inventory - Intangible asset
  11. Patent - Intangible asset
  12. Supplies - Current asset

Learn more here about balance sheet classification here : https://brainly.com/question/9452212

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