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Which of the following would most likely be classified as a current liability?
a. Two-year Notes Payable
b. Bonds Payable
c. Mortgage Payable
d. Unearned Rent -
All long-term liabilities eventually become current liabilities
A- TRUE
B- FALSE
Which of the following would most likely be classified as a current liability?
a. Two-year Notes Payable
b. Bonds Payable
c. Mortgage Payable
d. Unearned Rent
All long-term liabilities eventually become current liabilities
A- TRUE
B- FALSE