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Of the following, which typically would NOT be classified as a current liability? Multiple Choice Estimated warranty liability. Rent revenue received in advance. A long-term

Of the following, which typically would NOT be classified as a current liability?

Multiple Choice

  • Estimated warranty liability.
  • Rent revenue received in advance.
  • A long-term note payable maturing within the coming year.
  • A six-month bank loan to be paid with the proceeds from the sale of common stock.

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