Presented below are various account balances of Royale Corp.
(a) Bonds payable of $12,000,000 maturing January 10, 2017.
(b) Unamortized discount on bonds payable, of which $8,500 will be amortized during the next year.
(c) Serial bonds payable, $6,000,000, of which $500,000 are due each December 1.
(d) Bank loans payable, due May 10, 2018. (The Company’s timber products requires 4 years of growth before harvesting.)
(e) Notes payable due December 15, 2016.
(f) Credit balances in customers’ accounts arising from returns and allowances after collection in full of account.
(g) Deposits made by customers who have ordered goods.
(h) Overdraft of $5,000 in a bank account. (No other balances are carried at this bank.)
(i) Amounts withheld from employees’ wages for FICA taxes.

Instructions
Indicate whether each of the items above should be classified on December 31, 2015, as a current liability, a long-term liability, or under some other classification. Consider each one independently from all others; that is, do not assume that all of them relate to one particular business. If the classification of some of the items is doubtful, explain why in each case.