Question 12 (2.5 points) Listen Identify each of the following items as either a Current Asset, a Current liability, a Fixed asset, Long-term debt, Common equity, or Not a balance sheet item: NOTE THAT THIS IS AN ALL OR NOTHING QUESTION - YOU MUST GET ALL OF THE FOLLOWING CORRECT TO RECEIVE CREDIT FOR THIS QUESTION. Dividends paid Accruals 1. Current asset 2. Common equity Net income 3. Current liability Retained earnings 4. Not a balance sheet item Current portion of LT debt 5. Long-term debt Accounts receivable