Question: Classify the following items into fixed assets, current assets and current liabilities for a garage: Electronic tuning equipment Money owed to BP plc Second-hand cars

Classify the following items into fixed assets, current assets and current liabilities for a garage:

Electronic tuning equipment Money owed to BP plc Second-hand cars on forecourt

Electronic tuning equipment Money owed to BP plc Second-hand cars on forecourt Typewriters Breakdown vehicle Petrol Fixed asset Current asset Current liability

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