Indicate in which of the following four categories each of the 10 accounts listed below belongs:
a. Current assets
b. Capital assets
c. Current liabilities
d. Long-term liabilities
_____ 1. Merchandise Inventory
_____ 2. Unearned Rent
_____ 3. Prepaid Insurance
_____ 4. CPP Payable
_____ 5. Store Equipment
_____ 6. Mortgage Payable (Not Current)
_____ 7. Income Tax Payable
_____ 8. Accumulated Amortization
_____ 9. EI Payable
_____ 10. Petty Cash