1. A thorough review of GE Broadcasting assets at the end ofDecember 31, 20X5, resulted in the following information:

? Cash on hand and cash at bank totaling $484,000

? Fixed-term deposits with banks totaling $142,000 (matures July1, 20X7)

? Inventories totaling $324,000

? Trade receivables totaling $245,000

? Loans to employees of $120,000, 30% of which is due by the endof 20X6

? PPE with a historical cost of $129,000 and accumulateddepreciation of $12,000

? Investment in associate companies using equity method at$35,000

? Short-term investment in publicly traded shares of listedcompanies at $10,000

Question 1: What are GE Broadcasting's currentand non-current assets?

2. GE Broadcasting's liabilities at the end of December 31,20X5:

? Trade payable of $317,000

? Note payable of $245,000 due July 1, 20X7

? Interest accrued for note payable $8,000 (payable everyquarter, the next payment being

on April 1, 20X6)

? Provisions for unbilled expenses of $40,000

? Provision for employee benefit of $248,000 (first employeeretirement expected in 20X9)

? Interest-free loan from a shareholder, totaling $400,000,payable in eight equal quarterly

installments, first payment due on March 1, 20X6.

Question 2: What are GE Broadcasting's currentand non-current liabilities?

Dear teaches

would you take time help me classify the right items andcatogary them for me reference.

Regarding the Question1 my concern is on "Loans to Employee 120K30% due by end of 20X6".

Regarding the Question 2 is provisions for unbilled expenseds of40K, this belong to current right?

Looking forward to your answers and thanks so much.

Thanks