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  3. classify the following items into, non -current as

Classify the following items into, non -current assets, current assets, longterm assets, current liabilities, revenue,...

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Accounting

Classify the following items into, non -current assets, current assets, longterm assets, current liabilities, revenue, expenses, and capital. Also, indicate against each of themwhether they are balance sheet or Profit and loss items(15Marks)

Cash at hand
Salaries and wages expenses
Rent payable
Creditors/payables
Debtors/Receivables
Stock/inventory
Utilities expenses
Money invested by owner of business
Mortgage loan
Land and building
Purchases
Sales
Vehicle expenses
Salaries payable
Fuel payable

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