Paragraph low is a list of items. Classify each into one of the following balance she tegories: a. Cash b. Receivables C. Short-term Investments d. current liability Answer Item b. Receivable 1.O.U.s a Cash - Savings account 3 petty cash funds a Cash 4 postdated checks b. Receivables 5 Bank overdraft D. current liabi 6 Treasury bills maturing in six months c. Short-term Investments 7 Common stock of another company (to be sold by c. Short-term Investments December 31, this year) Paragraph low is a list of items. Classify each into one of the following balance she tegories: a. Cash b. Receivables C. Short-term Investments d. current liability Answer Item b. Receivable 1.O.U.s a Cash - Savings account 3 petty cash funds a Cash 4 postdated checks b. Receivables 5 Bank overdraft D. current liabi 6 Treasury bills maturing in six months c. Short-term Investments 7 Common stock of another company (to be sold by c. Short-term Investments December 31, this year)