Question: Classify the following either as (i) Current assets; (ii) Fixed tangible assets; (iii) Current liabilities; (iv) Non-Current liabilities; or (v) Fixed intangible assets: 1.

Classify the following either as – 

(i) Current assets; 

(ii) Fixed tangible assets; 

(iii) Current liabilities; 

(iv) Non-Current liabilities; or 

(v) Fixed intangible assets:

1. Building

2. Patent rights

3. Office furniture

4. Accrued interest

5. Mortgage loan

6. Supplier

7. Bank balance

8. Accrued wages and salaries payable

9. Prepaid advertising

10. Trade mark

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