6. Which of the following is not considered to be a liquid asset? Accounts receivable Inventory r in the current asset Temporary investment in a marketable security 7. Which of the following descriptions could appear in the current asset section of the balance sheet? Customers' deposits Deferred revenues likely to appear as the first item in the list of current lia Equipment Inventory 8. Which one of the following four liabilities is most likely to appear as the first item in the list of current liabilities? Accounts payable Accrued expenses/liabilities Deferred revenues bank loan that has been incurred and is due but has not yet been heet heading? Payroll related liabilities 9. The interest expense on a company's long-term bank loan that has been incurred and is due but has not yet been paid should be reported under which balance sheet heading? Current liabilities Noncurrent liabilities 10. On December 30, a company pays $9,000 for the next six months of insurance coverage. What will be the immediate effect on the company's total amount of its working capital? Total amount of working capital will decrease Total amount of working capital will increase 6-month note payable, what will be the effect on the total ar Total amount of working capital will remain the same