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What is the total current liabilities as of the year ended

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Reference no: EM133002353

Question - SUP Inc. stated its gift certificate program on 2020. There are a total of 1,200,000 gift certificates sold and 750,000 were claimed during the said year. The marketing department expects that 60% of the balance will be claimed on 2021 and 40% on 2022. What is the total current liabilities as of the year ended December 31, 2020?

Reference no: EM133002353

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