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Which of the following statements regarding liabilities is true? A company only records Habilities when it knows whom, when and how much to pary. Bonds

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Which of the following statements regarding liabilities is true? A company only records Habilities when it knows whom, when and how much to pary. Bonds have to be secured and cannot be converted into stock. Unpaid employee benefits should be included as known liabili fes for a company. Companies may issue either short-term or long-term notes payable to borrow cash or to purchase assets. Question 2 All of the following items should be classified as a current liability, exceet current maturities of long-term debt uneamed revenue that will be due within 6 months state unemployment taxes payable payroll tax expense

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