Which of the following would most likely be classified as a current liability?

Home Work Help
1

  1. 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

  2. All long-term liabilities eventually become current liabilities
    A- TRUE
    B- FALSE