Place a number, 1 through 7, in front of each of the following balance sheet categories to designate the order in which they are to be presented in a classified balance sheet. - Long-term investments - Current liabilities - Stockholders' equity - Intangible assets - Current assets - Long-term liabilities - Property, plant, and equipment

Classified balance sheet presents information about assets, liabilities and shareholder's equity of an entity. Order in which they are presented is as follows"

Current assets-it includes cash and cash equivalents like prepaid expenses, inventories, assets held for sale. Long term investments-it includes investment made in other companies Property, plant and equipment-it includes all the fixed assets. Intangible assets-it includes assets which cannot be touched like goodwill. Current liabilities-it includes trade and other payables, accrued expenses, liabilities held for sale Long term liabilities-It includes long term loans, Deferred tax liabilities. Stockholder's equity-It includes share capital. additional paid up capital, retained earnings.