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Classify the Following Accounts as Assets (A), Liabilities (L), or Shareholders

Question 23

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Classify the following accounts as assets (A), liabilities (L), or shareholders' equity (SE) and whether they are current (C), non-current (NC), or not applicable (N/A).
 Account  A, L, SE  C,NC,N/A  Merchandise Inventory  Unearned Rent (one-year lease)  Prepaid Insurance  Bonds Payable (due in 5 years)  Investment in B Company (to be held 5 years)  Goodwill  Additional Paid-in Capital  Accumulated Other Comprehensive  Income  Equipment  Income Tax Payable \begin{array} { | l | l | l | } \hline{ \text { Account } } & \text { A, L, SE } & \text { C,NC,N/A } \\\hline \text { Merchandise Inventory } & & \\\hline \text { Unearned Rent (one-year lease) } & & \\\hline \text { Prepaid Insurance } & & \\\hline \text { Bonds Payable (due in 5 years) } & & \\\hline \text { Investment in B Company (to be held } & & \\5 \text { years) } & & \\\hline \text { Goodwill } & & \\\hline \text { Additional Paid-in Capital } & & \\\hline \text { Accumulated Other Comprehensive } & & \\\text { Income } & & \\\hline \text { Equipment } & & \\\hline \text { Income Tax Payable } & & \\\hline\end{array}

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