Among Pineapple Limiteds short-term obligations, as noted on the statement of financial position, are notes payable totalling $250,000 with the Big 5 Bank. These are 90-day notes, renewable for another 90-day period. These notes should be classified on Pineapples statement of financial position as

Select one:

a. Shareholders' equity

b. Deferred charges

c. Current liabilities

d. Long-term liabilities