When Preparing the Balance Sheet for Papago Co

question 80

Multiple Choice

When preparing the balance sheet for Papago Co.for December 31,2018,which item would not be classified as a current liability?

• A)Note payable due March 1,2020
• B)Accounts payable
• C)Income taxes due on September 15,2019
• D)The current portion of a 30-year mortgage

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