Consider the following accounts and determine if the account is a current liability, a noncurrent liability, or

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Consider the following accounts and determine if the account is a current liability, a noncurrent liability, or neither.
A. Cash
B. Federal income tax payable this year
C. Long-term note payable
D. Current portion of a long-term note payable
E. Note payable due in four years
F. Interest expense
G. State income tax

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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