Which of the following is a current liability? a) Notes Payable (due in 2 years) b) Unearned Revenue c) Bonds Payable d) Equipment

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 1MC: Which of the following is not considered a current liability? A. Accounts Payable B. Unearned...
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Which of the following is a current liability?
a) Notes Payable (due in 2 years)
b) Unearned Revenue
c) Bonds Payable
d) Equipment
Transcribed Image Text:Which of the following is a current liability? a) Notes Payable (due in 2 years) b) Unearned Revenue c) Bonds Payable d) Equipment
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