Indicate the appropriate classification of each of the following as a current asset (CA), noncurrent asset (NCA), current liability (CL), or long-term liability (LTL). ______ 1. Inventory ______ 2....

Indicate the appropriate classification of each of the following as a current asset (CA), noncurrent asset (NCA), current liability (CL), or long-term liability (LTL).

______ 1. Inventory

______ 2. Accounts payable

______ 3. Cash

______ 4. Patents

______ 5. Notes payable,  due in six months

______ 6. Taxes payable

______ 7. Prepaid rent (for the next nine months)

______ 8. Bonds payable, due in ten years

______ 9. Machinery