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Which of the Following Are Included in Current Liabilities

Question 12

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. Accounts payable 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

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