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Indigo Industries just received a $15,000 invoice from one of its suppliers that must be paid in full within 90 days. The invoice is for
Indigo Industries just received a $15,000 invoice from one of its suppliers that must be paid in full within 90 days. The invoice is for an order that was received 30 days ago. From Indigo's point of view, this invoice would be classified as a Select answer from the options below long-term liability, because the invoice was received after the order was delivered. long-term liability, because the repayment period extends beyond the current month. current liability, because the invoice was received in the current period. current liability, because it must be paid in less than one year
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