Homework Answers
Classification
| Classification | Item | |
| a | Wages payable | C |
| b | Notes payable in 60 days | C |
| c | Mortgage payable ( Payments due in the next 12 months) | C |
| d | Notes receivable in 90 days | N |
| e | Notes payable (matures in 5 years) | L |
| f | Mortgage payable (payment due after the next 12 months) | L |
| g | Notes payable due in 18 months | L |
| h | Income tax payable | C |
| i | Estimated warranty liability | N |
| j | Allowance for doubtful accounts | N |
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