rter 11-19 Identify the proper classification of each item below. In the space beside each item, write C for a current liability, L for long-term liability, or N if it or if it is not a liability. Reporting as ance sheet ances a. Bank loan payments due in the next 12 months b. Income taxes payable c. Estimated property taxes d. Warranty liability e. Unearned revenue f. Note payable in 120 days 8. Mortgage payable payments do not start for 13 months h. Bank overdraft