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Principles of Accounting Volume 1

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 would be classified as a current liability ?

Which of the following would be classified as a current liability?
a) Long-term loan
b) Notes Payable (due in 6 months)
c) Buildings
d) Retained Earnings

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