Question: Identify whether the following liabilities would be classifying as current or non-current as at the end of the reporting period justifying your classification decision. a.

 Identify whether the following liabilities would be classifying as current or

Identify whether the following liabilities would be classifying as current or non-current as at the end of the reporting period justifying your classification decision. a. Accrued expense b. Bank loan with a clause in the contract that the loan was repayable on demand c. Provision for employee long service leave d. Trade Payables e. Term loan with 10 monthly repayments remaining f. Bank overdraft

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