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Which of the following items is a current liability?
Which of the following items is a current liability?a. bonds due in three months (for which there is aduquate sinking funds classified as a long term investment)b. Bonds due in 3 yearsc. Bonds (for which there is awequate appropriation of retained earnings) due in 11 months. d. bonds to be refunded when due in eight months, there is no doubt about the marketability of the refunding issue