A prepaid rent b bank overdraft c creditors d tax payable answer & explanation correct answer:
Which one of the following is not a current liability?. Prepaid rent cannot be a current liability account because it is an asset. Discount on issue of shares d. A) taxes payable b) accounts payable c) wages payable d) wage expense answer:
Borrowed on a $1,350,000 note payable from federal bank. Prepaid expenses expert answer 100% (3 ratings) explanation:. There are some current liabilities that are not part of the working capital cycle but are classified as current, which of the following liabilities is an example of a liability not classified as working.
Which of the following is not a current liability. See the answer which of the following is not a current liability? Dividends payable in the company's stock 2.
Hence bank loan is not a current liability. Accounts payable is a current liability. Hence this option is incorrect.
Which of the following is not considered a current liability? Outstanding salaries outstanding salaries are short term obligations expected to be paid off during the short period. On september 1, year 1, brak co.
Answer explanations 1) a note payable due in 2 years accounts payable is a liability payable in less than a year. Examples of noncurrent liabilities noncurrent liabilities. Unearned revenue is a current liability.