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HELP?!? United Supply has a $5 million liability at December 31, 2021, of which $1 million is payable in each of the next five years.

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United Supply has a $5 million liability at December 31, 2021, of which $1 million is payable in each of the next five years. United Supply reports the liability in the balance sheet as a: Multiple Choice $5 million current liability. O $5 million long-term liability O $1 million current liability and a $4 million long-term liability O O $4 million current liability and a $1 million long-term liability Best Bargain collects sales taxes from the customer at the time of sale and then remits them to the State Treasurer. All companies have a fiduciary responsibility to forward sales taxes to the state Treasurer. What account is debited when Best Bargain forwards sales taxes to the State Treasurer? Multiple Choice O Cash Deferred Sales O o oo Sales tax expense Sales tax payable

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