Accrued income is a type of income that has been earned but not yet received. It is classified as a current asset because it is expected to be realized in cash within one year.
Current liabilities are debts that are due to be paid within one year. They include accounts payable, short-term notes payable, and accrued expenses.
Capital is the total assets of a business minus its total liabilities. It is the owner’s equity in the business.
Fixed assets are assets that have a long life and are used in the production of goods or services. They include land, buildings, equipment, and machinery.
Therefore, the correct answer is A. Current asset.