Below are the titles of a number of debit and credit accounts as they might appear on the balance sheet of Hayduke Corporation as of October 31, 2012.

InstructionsSelect the current asset and current liability items from among these debits and credits. If there appear to be certain borderline cases that you are unable to classify without further information, mention them and explain your difficulty, or give your reasons for making questionable classifications, if any.

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Debits Credits Preferred Stock Interest Receivable on U.S. Government Securities 11% First Mortgage Bonds, due in 2017 Preferred Cash Dividend, payable Nov. 1, 2012 Notes Receivable Petty Cash Fund Debt Investments (trading) Allowance for Doubtful Accounts Receivable Federal Income Taxes Payable Customers' Advances (on contracts to be completed next year) Premium on Bonds Redeemable in 2012 Officers' 2012 Bonus Accrued Accrued Payroll Notes Payable Interest Expense Accumulated Depreciation Accounts Payable Paid-in Capital in Excess of Par Accrued Interest on Notes Payable 8% First Mortgage Bonds, to be redeemed in 2012 out of current assets Treasury Stock Unamortized Bond Discount Cash in Bank Land Inventory of Operating Parts and Supplies Inventory of Raw Materials Patents Cash and U.S. Government Bonds Set Aside. for Property Additions Investment in Subsidiary Accounts Recelvable: U.S. Government Contracts Regular Installments-Due Next Year Installments-Due After Next year Goodwill Inventory of Finished Goods Inventory of Work in Process Deficit