2- Classify the following items into liabilities & assets. (7m) -Motor vehicles -Premises -Creditors -Stock of goods -Debtors -Owing to bank -Cash in hands 3- Due to technological advancement, Zap Eye Bhd decides to sell its old equipment on credit to Mr Z. The payment is to be made within 12 months. Is the equipment sold to Mr Z a current asset and is it an item of receivables? Explain. (4m)