Question: help please Multiple Choice (2 points each) 1. Which of the following would be classified as a current liability? a. Mortgage Payable b. Bonds Payable

help please

Multiple Choice (2 points each) 1. Which of the following would be classified as a current liability? a. Mortgage Payable b. Bonds Payable c. Five-year Notes Payable d. Wages Payable 2. Which of the following is CORRECT? a. Unearned revenues are considered increases to stockholders' equity. b. Unearned revenues will eventually become revenue earned. c. Current liabilities are those that will be satisfied after one year. d. Liabilities are listed in the order of liquidity on the balance sheet

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