For the balance sheet, please categorize the following as short-term assets, long-term assets, short-term liabilities, long-term liabilities, or owner’s equity: Cash, accruals, property, plant and equipment, inventory, accounts receivables, paid in capital, retained earnings, notes payable, mortgage, and accounts payable. Solution short term assets=cash,inventory,account receivables, accrued revenues long term assets= property,plant and equipment short term liabilities= accounts payable,accrued expenses, notes payable (if amount due within one year of the balance sheet date) long term liabilities= mortgage, notes payable ( if amount not due within one year of the balance sheet date) owners equity = paid in capital, retained earning.