Rios Raft Company had the following liabilities. a. Accounts Payable b. Note Payable due in three years

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Rios Raft Company had the following liabilities.

a. Accounts Payable

b. Note Payable due in three years

c. Salaries Payable

d. Note Payable due in six months

e. Sales Tax Payable

f. Unearned Revenue due in eight months g. Income Tax Payable Determine whether each liability would be considered a current liability (CL) or a long-term liability (LTL).

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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