Question: Identify the category on the balance sheet (current assets, non-current assets, current liabilities, non-current liabilities, equity) in which each of these items is located. Accounts

Identify the category on the balance sheet (current assets, non-current assets, current liabilities, non-current liabilities, equity) in which each of these items is located.

Accounts Receivable

Barns

Bill owed to utility company

Breeding Cattle

Cash

Debt owed to bank for 30 year mortgage on land

Feed inventory

Fences

Insurance paid for in advance

Land

Machinery

Shed

Tractors

Vehicles

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