CA5-2 (Current Asset and Liability Classification) 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, 2010. Debits Credits Interest Accrued on U.S. Government Securities Capital StockPreferred 11% First Mortgage Bonds, due in 2017 Notes Receivable Preferred Cash Dividend, payable Nov. 1, 2010 Petty Cash Fund Allowance for Doubtful Accounts Receivable U.S. Government Securities Federal Income Taxes Payable Treasury Stock Customers' Advances (on contracts to be completed next year) Unamortized Bond Discount Cash in Bank Premium on Bonds Redeemable in 2010 Land Officers' 2010 Bonus Accrued Inventory of Operating Parts and Supplies Accrued Payroll Inventory of Raw Materials Notes Payable Patents Accrued Interest on Bonds Cash and U.S. Government Bonds Set Aside for Property Additions Accumulated Depreciation Accounts Payable Investment in Subsidiary Capital in Excess of Par Accounts Receivable: Accrued Interest on Notes Payable U.S. Government Contracts 8% First Mortgage Bonds, to be redeemed in 2010 out of current assets Regular InstallmentsDue Next Year InstallmentsDue After Next year Goodwill Inventory of Finished Goods Inventory of Work in Process Deficit Instructions Select 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. (AICPA adapted)