Question: The Current Liabilities section of the balance sheet should include 1. Land. 2. Cash Surrender Value of Life Insurance. 3. Accounts Payable. 4. Bonds Payable.

The Current Liabilities section of the balance sheet should include 1. Land.

2. Cash Surrender Value of Life Insurance.

3. Accounts Payable.

4. Bonds Payable.

5. Preferred Stock.

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