Classify the following as long term or current liabilities: Accounts Payable, Accrued Liabilities, Note Payable with total balance due in 5 years, Mortgage Loan with payments made monthly over 5 years.

lets me refraze that classify the following as long term or current liability:-

account payable

accured liabilities

Note Payable with total balance due in 5 years

Mortgage Loan with payments made monthly over 5 years

Answer rating: 100% (QA)

Current liabilities means those liabilities of the entity which are payable in ordi... View the full answer