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Exercise 2: Classify the following items into either long-term or current liabilities (place an X in appropriate column). (0.25 points each correct * 5 liabilities
Exercise 2: Classify the following items into either long-term or current liabilities (place an X in appropriate column). (0.25 points each correct * 5 liabilities = 1.25 points) Liability Tick for Long-term Tick for Current Mortgage bond Accounts payable Bank overdraft Loan from owner's brother Finance agreement on Motor vehicle
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