How would each of the following liabilities be classified (current, non-current, or both) at the end of

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How would each of the following liabilities be classified (current, non-current, or both) at the end of the financial year?


Unearned revenue

Accrued expenses

Provision for warranty repair costs

10-year debentures (after 5 years)

Mortgage loan (15-year)

Annual leave payable


Provision for long-service leave

Bills payable

GST payable

Accounts payable (trade)

Dividend payable

10-year debentures (after 91/2 years)

Debentures
Debenture DefinitionDebentures are corporate loan instruments secured against the promise by the issuer to pay interest and principal. The holder of the debenture is promised to be paid a periodic interest and principal at the term. Companies who...
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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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