Question $1$

Copy this chart into Microsoft Word and place an $"x"$ in the appropriate classification for each balance sheet item listed below. Submit as an assignment. Hint: Review the chapter text about assets and liabilities and Exhibits $4-1$ and $4-2.$

$\backslash$table$[[,$Short$-$Term,Long$-$Term,Short$-$Term,Long$-$Term$],[,$Asset,Asset,Liability,Liability$],[$Payroll taxes due,,,,$],[$Accounts receivable,,,,$],[$Land$,,,,],[$Mortgage payable,,,,$],[($non$-$current$),,,,],[$Buildings$,,,,],[$Note payable,,,,$],[($due in $24$ months$),,,,],[$Inventory$,,,,],[$Accounts payable,,,,$]]$