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1. Which of the following would be reported as current liabilities on the balance sheet? a. Accruals b. Accounts payable c. Notes payable d. All

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1. Which of the following would be reported as current liabilities on the balance sheet? a. Accruals b. Accounts payable c. Notes payable d. All of these choices are correct. b x 2. A company has the following liabilities as of December 31: Accounts payable Notes payable (current portion) Salaries and wages payable $150,000 217,000 55,000 1,140,000 32,000 15,500 Installment notes payable Interest payable Payroll taxes payable ev What is the amount of total current liabilities reported on the balance sheet? an Jan a. $319,500 b. $469,500 c. $1,609,500 d. None of these choices are correct. one the follc is on effec Cherk My Work Previous the entry for Grading DELL

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