E5-1 (Balance Sheet Classifications) Presented below ar

E5-1 (Balance Sheet Classifications) Presented below are a number of balance sheet accounts of Deep Blue Something Inc.
Investment in Preferred Stock
Treasury Stock
Common Stock
Cash Dividends Payable
Accumulated Depreciation
Warehouse in Process of Construction
Petty Cash
Accrued Interest on Notes Payable
Deficit
Trading Securities
Income Taxes Payable
Unearned Subscription Revenue
Work in Process
Accrued Vacation Pay
Instructions
For each of the accounts above indicate the proper balance sheet classification. In the case of border-line items indicate the additional information that would be required to determine the proper classification.
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