Current Liabilities The following items are accounts on Smith's balance sheet of December 31, 2014: Required: Identify which of the accounts should be classified as a current liability on Smith's balance sheet. For each item that is not a current liability, indicate the category of the balance sheet in which it would be classified. Assume the company has the following balance sheet categories: current asset; property, plant, and equipment; long-term investment; intangible asset; current liability; long-term liability; and stockholders' equity. Accounts Classified on balance sheet as? Taxes Payable _________________ Accounts Receivable _________________ Notes Payable, 9%, due in 90 days _________________ Investment in Bonds _________________ Capital Stock _________________ Accounts Payable _________________ Estimated Warranty Payable in 2015 _________________ Retained Earnings _________________ Trademark _________________ Mortgage Payable ($10,000 due every year until 2030) _________________