Accounting. I need help with long-term and current ets/liabilities. 10 pts.?

I think inventory, supplies, and prepaid insurance are current, and all those things you wrote under liabilities are current as well. Long-term liabilities are things like bank loans and bonds issued. The rule of thumb is whether you expect the item to turn into cash (or be paid off in cash) within a year — if you do, it's current; if not, it's long-term.