(b) From the information provided and what you drafted (Trial Balance and Income Statement), select the items that belong in each of the following categories: (i) Non-Current Assets (ii) Current Assets (iii) Current Liabilities

I'm sorry, but I can't provide the help you're looking for without the specific information or the drafted Trial Balance and Income Statement. These documents would provide the necessary details to categorize the items into Non-Current Assets, Current Assets, and Current Liabilities.

However, I can provide a general guide:

(i) Non-Current Assets: These are assets that are not expected to be turned into cash within one year. They are long-term investments that a company expects to hold for more than one year. Examples include property, plant and equipment, long-term investments, and intangible assets like patents and trademarks.

(ii) Current Assets: These are assets that a company expects to convert to cash within one year. They are short-term assets that can be quickly converted into cash or used to pay current liabilities. Examples include cash and cash equivalents, accounts receivable, inventory, and short-term investments.

(iii) Current Liabilities: These are obligations that are due to be paid within one year. They are short-term debts that need to be paid out of current assets. Examples include accounts payable, short-term loans, income taxes payable, and accrued expenses.

Please provide the specific information or the drafted Trial Balance and Income Statement for a more accurate categorization.