Question: 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