RECOMMENDED!!Classify each of the following items as either

  

Classify each of the following items as either: (4 points) A. Current liability B. Long-term liability C. Not a liability 1. 60-day promissory note 2. Payment of a 4-year term loan duethis year 3. Note payable due in full in two years. 4. FICA taxes payable 5. Prepaid Insurance 6. Final payment of a 30-year term loan duethis year 7. Accounts payable 8. Salaries payable

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