Which of items are normally classified as current liability

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Problem 1: Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)

check all that apply

Option 1:
Loan due in 18 months.

Option 2:
Bank debt due in 5 years.

Option 3:
Note payable due in 18 months.

Option 4:
Interest payable due in 60 days.

Option 5:
Employee Federal Income Taxes Payable due in 30 days.

Option 6:
Note payable due in 9 months.

Reference no: EM132724004

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