Select the correct reporting method for each of the items listed below:

1.

_____Current portion of long-term debt.

2._____Bond payable.

3. _____Restaurant gift cards (expires within a year of issuance).

4. _____Note payable due in thirteen months.

5. _____A contingent liability with a reasonably possible likelihood of occurring within the next year and

cannot be estimated.

Reporting Method

A. Current Liability

B. Long term liability

C. Disclosure note only

D. Not reported