Select the correct reporting method for each of the items listed below, enter the letter (a, b, c,

d. as the answer (some letters may be used more than once and others may not be used at all): reporting method

a. current liability

b. long term liability

c. disclosure note only

d. not reported d accounts payable b bond payable. sales tax collected from customers. d unused line of credit. c a contingent liability with a reasonably possible likelihood of occurring within the next year and cannot be estimated.