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Classify the following as either Current Assets (CA), Investments (I), or both (CA and I): a.Trade Receivables- b.Note Receivable due in 30 days- c.Interest Receivable

Classify the following as either Current Assets (CA), Investments (I), or both (CA and I):

a.Trade Receivables-

b.Note Receivable due in 30 days-

c.Interest Receivable on note due in 30 days-

d.Note Receivable due in 2 years-

e.Five-year Note Receivable due in a series of equal annual payments-

Current Assets section of a balance sheet using some or all of the following accounts:

Cash

Property, Plant, and Equipment

Accounts Receivable

Notes Receivable--90-day note

Merchandise Inventory

Allowance for Doubtful Accounts

Interest Receivable

Prepaid Advertising

Sales Returns and Allowances

Select Current Assets:

1.)

2.)

3.)

4.)

5.)

6.)

7.)

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