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Identify the current liability associated with each of the following operating activities: Current Liability Operating Activity 1. Perform work on a warranty claim 2. Pay

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Identify the current liability associated with each of the following operating activities: Current Liability Operating Activity 1. Perform work on a warranty claim 2. Pay income taxes 3. Purchase supplies 4. Pay payroll taxes 5. Borrow money for operations using a short-term note 6. Process cash received in advance from customers 7. Purchase inventory 8. Pay employee salaries

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