How would each of the following items be classified on Atluck Grocery Store Corp.’s (Atluck) September 30, 2014 balance sheet? Explain your reasoning.

a. On June 15, 2014, Atluck purchased new refrigeration equipment for the store for $110,000, of which $50,000 is due on October 31, 2014 and the remainder on February 1, 2016.

b. On July 6, 2014, a customer paid $3,100 in advance for catering to be provided at a community gathering to be held on Thanksgiving 2014.

. On August 5, 2014, Atluck obtained a $25,000 demand loan from the bank.

d. During the fourth quarter of fiscal 2014, GST of $50,000 was collected on sales to customers.

e. Atluck has a $250,000, 20-year mortgage on its land and building. The mortgage requires equal annual payments of $29,365.

f. Atluck accrued $4,800 for utilities in the September 30, 2014 balance sheet.