Which of the following items would normally be classified as a current liability for a company that
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a. A note payable due in 18 months.
b. Salaries payable.
c. A payable that matures in two years.
d. A note payable due in 10 months.
e. The portion of a long-term note that is due to be paid in 12 months.
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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