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Classify the following assets and liabilities as current or non-current in Albatross Co'sfinancial statements:(1) A sale has been made on credit to a customer. They have agreed to terms statingthat payment is due in 12 months' time.(2) A bank overdraft facility of $30,000 is available under an agreement with the bankwhich extends 2 years.(3) An entity has bought a small number of shares in another entity which it intends totrade.(4) A bank loan has been taken out with a repayment date 5 years hence.Current Non-currentA (2) and (3) (1) and (4)B (3) only (1), (2) and (4)C (1), (2) and (3) (4)D (1) and (3) (2) and (4)
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