10 3 points The entry to record a monthly payment on a long-term installment note such as a car loan: Increases expenses, increases liabilities, and increases assets. Increases expenses, decreases liabilities, and decreases assets. Increases expenses, increases liabilities, and decreases assets. Increases expenses, decreases liabilities, and increases assets. 11 3 points Which of the following is not a current liability at December 31, 2020? Accounts Payable. Portion of Notes Payable balance due in 2021. Sales Tax Payable. Portion of Notes Payable balance due in 2022 and later 12 2 points