Multiple Choice
Match each of the following terms pertaining to liabilities to their definitions.
-The portion of a long-term liability that will be paid within one year of the balance sheet date.
A) Current liability
B) Accounts payable
C) Notes payable
D) Discount on notes payable
E) Current maturities of long-term liabilities
F) Accrued liabilities
G) Contingent liability
H) Estimated liability
Correct Answer:

Verified
Correct Answer:
Verified
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