Jessica runs a consultancy business from a rented office in the town centre. She would like you to state which heading in the statement of financial position

(non-current assets, current assets, current liabilities or non-current liabilities)

the following should be shown under:

(a) VAT payable to HMRC

(b) loan from E Green (repayable in three years’ time)

(c) bank overdraft

(d) accounts receivable

(e) rent owing to landlord