CA4.2 (LO 1, 2) (Current Asset and Liability Classification) Below are the titles of a number of debit and credit accounts as they might appear on the statement of financial position of Hayduke ASA as of October 31, 2025.

Debit Credit Interest Accrued on Government Share Capital—Preference Securities 6% First Mortgage Bonds, due in 2032 Notes Receivable Preference Dividend, payable Nov. 1, 2025 Petty Cash Fund Allowance for Doubtful Accounts Government Securities Income Taxes Payable Treasury Shares Customers’ Advances (on contracts to be Cash in Bank completed next year)

Land Provision for Warranties Inventory of Operating Parts and Supplies Officers’ 2025 Bonus Accrued Inventory of Raw Materials Accrued Payroll Patents Notes Payable Cash and Government Bonds Set Aside Accrued Interest on Bonds for Property Additions Accumulated Depreciation Investment in Subsidiary Accounts Payable Accounts Receivable: Share Premium—Preference Government Contracts Accrued Interest on Notes Payable Regular 61⁄2% First Mortgage Bonds, due in 2025 out of Goodwill current assets Inventory of Finished Goods Non-Controlling Interest Inventory of Work in Process Accumulated Other Comprehensive Income (loss)

Deficit Instructions Select the current asset and current liability items from among these debit and credit accounts. 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.