Identify whether the following liabilities would be classified as current or non-current at the end of the

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Identify whether the following liabilities would be classified as current or non-current at the end of the reporting period.

Explain your classification decision.

a GST collected b Loan payable in three years c Accounts payable d Mortgage on premises e Bank overdraft f Capital contributed by owner g Salaries payable.

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Accounting Information For Business Decisions Accounting

ISBN: 9780170446242

4th Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh

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