I am currently trying to complete a, but am stuck on what I should select in terms of Capital Assets vs Capital Liabilities. Below is a screenshot of the , I know typically Assets include: AR, Inventory, other receivables, and Other current assets. While Liabilities includes: AP, other current liabilities, and deferred revenue. But would Prepaid income taxes and prepaid expenses be included in Assets? Then for Liabiliteis what about Salaries, self insurance reserves, current operating lease payable, current portion of long term notes payable, and amount due to government entities?
Any help with this would be huge!