Acc280 Financial Accounting: BE11-1 Kananga Company has these obligations

Acc280 Financial Accounting
BE11-1
Kananga Company has these obligations at December 31:
(a) a note payable for $100,000 due in 2 years
(b) a 10-year mortgage payable of $200,000 payable in ten $20,000 annual payments
(c) interest payable of $15,000 on the mortgage
(d) accounts payable of $60,000.

For each obligation, indicate whether it should be classified as a current liability.
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