Classify each of the following items into one of the eight categories of financial assets relevant for financial reporting purposes. Select the category that best suits the situation given. 
Definitions:
Species
A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.
Cat
A small domesticated carnivorous mammal with soft fur, a short snout, and retractile claws, widely kept as pets or for catching mice.
Animal
An organism that consumes organic material, generally equipped with specialized sensory organs and a nervous system, enabling it to quickly react to environmental cues.
Referent
An object, concept, or entity to which a word, term, or symbol refers.
Q2: What is the meaning of "depreciation"?<br>A)The estimated
Q6: Which statement is not correct about the
Q10: Muscle Concrete mixes concrete and trucks it
Q11: Company Nine purchased land for $600,000 some
Q21: Which of the following versions of PPP
Q45: Which statement about using the aging of
Q71: What costs should be capitalized to "land"?<br>A)Construction
Q95: Using the conceptual framework, explain why there
Q125: Listed below are several long-lived assets owned
Q148: Assume that a purchase invoice for $1,000