Brief Exercise 2-2 The following are the major statement of financial position classifications: 1. Current assets 2. Property, plant, and equipment 3. Other non-current assets 4. Current liabilities 5. Non-current liabilities 6. Shareholders' equity Classify each of the following selected accounts by its appropriate dassification above: (a) (b) Accounts receivable Accumulated depreciation Bank indebtedness (d) Bank loan payable, due in three years (e) Cash (6) Common shares (0) Equipment ch) Goodwill (1) Inventory () Notes receivable, due in six months (K) Prepaid rent (m) Retained earnings Salaries payable (n) Supplies (0) Unearned revenue (p) Prepaid Insurance (a) Accounts payable LINK TO TOKE 5. Non-current liabilities 6. Shareholders' equity re sults by ctive Classify each of the following selected accounts by its appropriate classification above: Accounts receivable Accumulated depreciation (a) Shareholders' equity (b) Non-current liabilities Current assets (c) Property, plant, and equipment Other non-current assets (d) Current liabilities Bank indebtedness Bank loan payable, due in three years Cash (f) Common shares (9) Equipment (h) Goodwill Inventory 6) Notes receivable, due in six months (k) Prepaid rent e Retained earnings (m) Salaries payable (n) Supplies (0) Unearned revenue (p) Prepaid Insurance (a) Accounts payable