C) balance sheet as a liability O d) balance sheet as an item of stockholders' equity. Question 10 (2 points) An account which would be classifed as a current liability is a) dividends payable in the form of a company's stock. b) accounts payable-debit balances c) losses expected to be incurred within the next twelve months in excess of the company's insurance coverage. O d) none of these answers are corredct Question 11 (2 points) Which of the following is a condition for accruing a liability for the cost of