The following accounts appear in an adjusted trial balance of Gondola Consulting. Indicate whether each account would be reported in the
(a) Current asset;
(b) Property, plant, and equipment;
(c) Current liability;
(d) Long-term liability; or
(e) Owner's equity section of the December 31, 2009, balance sheet of Gondola Consulting.
1. Accounts Payable
2. Accounts Receivable
3. Accumulated Depreciation-Equipment
4. Cash
5. Holly Webb, Capital
6. Note Payable (due in 2016)
7. Supplies
8. Wages Payable