PROBLEM

The balance sheet contains the following major sections:

a. Current assets

b. Long-term investments

c. Property, plant, and equipment

d. Intangible assets

e. Other assets

f. Current liabilities

g. Long-term liabilities

h. Contributed capital

i. Retained earnings

j. Accumulated other comprehensive income

_____ 1. Unexperied insurance

_____ 2. Idle machinery

_____ 3. Unrealized increase in avaiblable for sale securities

_____ 4. Land

_____ 5. Fund to retire preferred stock

_____ 6. Additional paid-in capital on common stock

_____ 7. Deferred income taxes-noncurrent

_____ 8. Obligation for future pension payments

_____ 9. Trademark

_____ 10. Unearned ticket sales

Required:

Using the letters (a) through (j), indicate in what section the accounts would be classified.