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The following accounts are listed on the balance sheet of Four Leaf Clover Co., which has a 12- month operating cycle. Required: Classify the account
The following accounts are listed on the balance sheet of Four Leaf Clover Co., which has a 12- month operating cycle. Required: Classify the account list as either a current liability, non-current liability or not a liability. Accounts receivable Choose... Notes payable due in 3 years Choose... Warranty payable Choose... Accumulated depreciation, Equipment Choose... Mortgage payable due in 10 years Choose... Choose... Accounts payable O Choose... Notes payable due in 90 days
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