Digital Design Diversions, Inc. (DDDI) designs, develops, and distributes videogames for computers and advanced game systems such as Playnation, Y-Box, and Yeee. DDDI has been operating for only one full year.
Required:
For each of the following accounts from DDDI's recent balance sheet, complete the follow- ing table. Indicate whether the account is classified as a current asset (CA), noncurrent asset (NCA), current liability (CL), noncurrent liability (NCL), or shareholders' equity (SE), and whether the account usually has a debit (dr) or credit (cr) balance.

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Balance Sheet Debit or Credit Balance Classification Account 1. Land 2. Retained Earnings 3. Notes Payable (due in three years) 4. Accounts Receivable 5. Supplies 6. Contributed Capital 7. Equipment 8. Accounts Payable 9. Cash 10. Taxes Payable