Multiple Choice
Which of the following are included in current liabilities?
I.Note payable to a supplier in eighteen months.
II.Debt payable to a mortgage company in nine months.
III.Trade payables to suppliers.
IV.Loan payable to the bank in fourteen months.
A) I and III only.
B) II and III only.
C) III and IV only.
D) II, III, and IV only.
E) I, II, and III only.
Correct Answer:

Verified
Correct Answer:
Verified
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