Which of the following should be classified as current liabilities? 1) Accounts Payable, Income Tax Payable, and Unearned Revenue 2) Income Tax Payable, Equipment, and Bank Loan Payable 3) Cash, Prepaid Expenses, and Income Tax Payable 4) Accounts Payable, Interest Payable, and Prepaid Expenses Question 59 (1 point) Performing services on account would: 1) increase assets and liabilities 2) increase net income and shareholders' equity 3) increase revenue and decrease shareholders' equity 4) increase assets and decrease shareholders' equity