Classify Assets

Identify each of the following as (a) a current asset or (b) property, plant, and equipment:

1. Accounts Receivable	SelectCurrent assetProperty, plant, and equipmentItem 1
2. Building	SelectCurrent assetProperty, plant, and equipmentItem 2
3. Cash	SelectCurrent assetProperty, plant, and equipmentItem 3
4. Office Equipment	SelectCurrent assetProperty, plant, and equipmentItem 4
5. Prepaid Insurance	SelectCurrent assetProperty, plant, and equipmentItem 5
6. Supplies	SelectCurrent assetProperty, plant, and equipment Item 6