Plato Inc. prepares financial statements in accordance with IFRS. Indicate how each of the following accounts should usually be classified. If an item need not be reported at all on the statement of financial position, select Not Reported. Also indicate whether an item is monetary and/or represents a financial instrument. Note that each item can be either blank for the monetary or non-monetary and the financial instrument can be either or or none of the above too. Thanks. Please carefully see below. It is out of 10 marks.

Current Attempt in Progress Plato Inc. prepares financial statements in accordance with IFRS. Indicate how each of the following accounts should usually be classified. If an item need not be reported at all on the statement of financial position, select "Not Reportod". Also indicate whether an item is monetary and/or represents a financial instrument. Account Classification Monetary and Non Monetary Financial Instrument and Non Financial Instrument (a) Prepaid insurance (b) Investment in associate Ich Unearned revenue (poelin earned next year! Id) Advancesto employees le) Unearned rent revenue portion to be earned in two years) (f) Intanpble assets copyrights () Petty cash Long-Term Debt Not Reported Retained Fannings Intangbe Ascots Capital Shares Accumulated Other Comprehensive Income Contributed Surplus Ourrent Act Other Assets Lors lermestnents Ourrent Liabilities Property, Plant, and Equipment (h) IST payable (i) Accrued interest on nats receivable > Monetary Non Monetary > > (a) Prepaid insurance (b) Investment in associate (c) Unearned revenue (portion earned next year) (d) Advances to employees (e) Unearned rent revenue (portion to be earned in two years) (f) Intangible assets- copyrights (g) Petty cash > (h) HST payable (i) Accrued interest on notes receivable Current Attempt in Progress Plato Inc. prepares financial statements in accordance with IFRS. Indicate how each of the following accounts should usually be classified. If an item need not be reported at all on the statement of financial position, select "Not Reported". Also indicate whether an item is monetary and/or represents a financial instrument. Account Classification Monetary and Non Monetary Financial Instrument and Non Financial Instrument > (i) ( Accrued interest on notes receivable (i) Twenty-year issue of bonds payable that will mature within the next year (no sinking funds exist, and refinancing is not planned) (k) Machinery retired from use and reclassified as held for sale (1) Fully depreciated machine still in use (m) Investment in bonds that will be held until their maturity in two years (n) Accrued interest on bonds payable