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    Intermediate Accounting Study Set 13
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    Exam 1: Current Liabilities and Contingencies
  5. Question
    Which of the Following Liabilities Can Potentially Be Reported as Either
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Which of the Following Liabilities Can Potentially Be Reported as Either

Question 56

Question 56

Multiple Choice

Which of the following liabilities can potentially be reported as either or both a current and a non-current liability?


A) Bank overdraft.
B) Unearned revenue.
C) 180-day bank loan.
D) Income taxes payable.

Correct Answer:

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