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Donna, the accountant for Bargain Ltd., is currently preparing the December 31,2024, statement of financial position, and s asked you to help her classify the

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Donna, the accountant for Bargain Ltd., is currently preparing the December 31,2024, statement of financial position, and s asked you to help her classify the following liabilities: Identify each of the liabilities as current or non-current. (Note that some liabilities may be classified partially as current and partially as non-current.) a. During 2024, Bargain borrowed $7,280 from its line of credit to cover a cash shortage. b. At the end of December, Bargain owed suppliers $168,000 for goods purchased during the last quarter of the year, which will be settled on March 31,2025. c. In October 2020 , Bargain obtained a $112,000 five-year loan repayable at maturity. d. The company provides a one-year assurance-type warranty on its products and in December 2024 estimated a warranty expense of $50,400. e. Bargain has a $28,000 loan, of which $2,240 is due to be repaid in 2025 . f. During December, Bargain withheld $3,920 from employee wages for CPP, EI, and taxes. The company is required to remit the amount to the government on January 14,2025 . 8. In the month of November, Bargain accepted $196,000 in deposits for goods to be delivered to customers by June 2025

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