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Question: What Type of Liability Is It?  Provide one of the following answers for each item below:  current...

Show transcribed image text What Type of Liability Is It? Provide one of the following answers for each item below: current Long term Not a liability Note payable with an interest rate of 8% due in 6 months. A bond issue of 50 bonds (face value $1,000) with a stated (contract) interest rate of 12% and a maturity date of five years from the issue date. Unearned revenue from the sale of season tickets to a university's football games of $54,000. Employee Federal and State Unemployment taxes payable of $120 and $340 respectively. Accounts receivable of $3, 245

What Type of Liability Is It? Provide one of the following answers for each item below: current Long term Not a liability Note payable with an interest rate of 8% due in 6 months. A bond issue of 50 bonds (face value $1,000) with a stated (contract) interest rate of 12% and a maturity date of five years from the issue date. Unearned revenue from the sale of season tickets to a university's football games of $54,000. Employee Federal and State Unemployment taxes payable of $120 and $340 respectively. Accounts receivable of $3, 245

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