Consider each of the following separate situations that arose in 20X1:

a. Corporation G invested $70,000 in corporate bonds as a short term investment. The year end 20X1 market value of the bonds is $63,000. The bonds are measured at fair value every reporting date in FVTPL.

b. Corporation A has the equivalent of C$200,000 cash in a bank in Elbonia. Elbonia’s laws prohibit transferring the cash to the Canadian parent company. Corporation A has ongoing operations in Elbonia and uses the cash to run their operations in that country.

c. Corporation B received $85,000 from a customer as advance payment for a specialized piece of manufacturing equipment that is anticipated to be delivered in 20X3.

d. Corporation C has $800,000 in notes receivable from customers. The notes mature over a two year period. The company normally sells its products on an instalment basis that requires payments over two years.

e. Corporation D received an advance payment of $50,000 for an event that will be held in 20x2.

f. Corporation H holds 10,000 shares in Theo Ltd. as a long term investment; the shares cost $12 each. At year end 20X1, the market value is $20 per share. The shares are not actively traded and are measured using fair value through OCI.

g. Corporation E has negotiated a two year $600,000 loan from its bank to finance equipment. The bank will charge 6% interest per year, compounded. The loan will be repaid in a single lump sum in 20X3, including interest. The market rate of interest is 6%.

h. Corporation F has a major customer that recently went into receivership. As a result of an agreement among all creditors, Corporation F will receive payment on the customer’s $200,000 outstanding account in equal instalments over a four year period.

Required:

For each item indicate the amount(s) that will show as current and the amount(s) that will show as noncurrent in each company’s 20X1 SFP. Or, if not shown, indicate why.