Classify the following as either Current Assets (CA), Investments (I), or both (CA and I): Trade Receivables- b. Note Receivable due in 30 days- c….

Classify the following as either Current Assets (CA), Investments (I), or both (CA and I): Trade Receivables- b. Note Receivable due in 30 days- c….

Classify the following as either Current Assets (CA), Investments (I), or both (CA and I):a. Trade Receivables-b. Note Receivable due in 30 days-c. Interest Receivable on note due in 30 days-d. Note Receivable due in 2 years-e. Five-year Note Receivable due in a series of equal annual payments-Current Assets section of a balance sheet using some or all of the following accounts:CashProperty, Plant, and EquipmentAccounts ReceivableNotes Receivable–90-day noteMerchandise InventoryAllowance for Doubtful AccountsInterest ReceivablePrepaid AdvertisingSales Returns and AllowancesSelect Current Assets:1.)2.)3.)4.)5.)6.)7.)

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