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Financial statement: Business document that firm use to report the…

- - - - Current
        
        Obligation or debt in the one year
        
        Salaries
        
        Taxes
        
        Account payable
      - Non-current
        
        Debts payable more than one year
        
        Long-term note payable
        
        Bond payable
    - - Represent shareholder's ownership of the business assets.
        
        Paid in capital
        
        Retained earning
    - - Current
        
        Expected to be converted to cash, sold or consumed in the next 12 monts or within the business operating cycle.
        
        Short-term investment
        
        Receivable
        
        Cash
        
        Prepaid expense
      - Not current
        
        Will be held longer than one year
        
        Intagible
        
        long-term investments
        
        PPE