Which of the following items are normally classified as current liabilities for a company that has a
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Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle?
1. Portion of long-term note due in 10 months
2. Note payable maturing in 2 years
3. Note payable due in 18 months
4. Note payable due in 11 months
5. FICA taxes payable
6. Salaries payable
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Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259917042
9th edition
Authors: John J. Wild
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