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Determine current or long term liabilities Determine whether each liability would be considered a current liability [CL] or a long- term liabilities ILTLJ. Put your

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Determine whether each liability would be considered a current liability [CL] or a long- term liabilities ILTLJ. Put your answers on the corresponding places on the Answer Sheet. The ABC Company had the following liabilities: a. Accounts Payable b. Note Payable due in 3 years c. Salaries Payable d. Note Payable due in 6 months e. Sales Tax Payable f. Unearned Revenue due in 8 months

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