A short-term notes payable O A. usually does not involve interest and is to be paid within one month or less OB. usually involves interest and is to be paid within one month or less O C. usually involves interest and is to be paid within one year or less OD. usually does not involve interest and is to be paid within one year or less If a notes payable is reclassified from a long-term liability to a short-term liability, then O A. the amount of total liabilities stays the same OB. long-term liabilities increase O C. current liabilities decrease. OD. the total liabilities increase. Which of the following would be considered a long - term liability? O A. Interest Payable O B. Mortgages Payable O C. Accounts Payable O D. Salaries Payable