The Alphabetized Adjusted Trial Balance for SimCo Electrical Outfitters at August

Essay

The alphabetized adjusted trial balance for SimCo Electrical Outfitters at August 31, 2020, is shown below. Identify how each account balance would be classified on a balance sheet given the following classification symbols:
$$\begin{array} { | l | l | l | l | } \hline \text { CA } & \text { Curent assets } & \text { CL } & \text { Curent liabilities } \\\hline \text { PPE } & \text { Property, plart ard equipment } & \text { LTL } & \text { Long-term liabilities } \\\hline \text { IA } & \text { Intangible asset } & \text { OE } & \text { Equity } \\\hline \text { LTI } & \text { Long-term irvestment } & \text { NA } & \begin{array} { l } \text { Not applicable to a } \\\text { balance sheet }\end{array} \\\hline\end{array}$$