Which of the following is not considered a current liability?

Which one of the following is not a current liability?. Prepaid rent rikazzz | april. Wages expense is an income statement. A prepaid rent b bank overdraft c creditors d tax payable answer & explanation correct answer:

On a classified balance sheet, wages payable is classified as: Dividends payable in the company's stock 2. Correct option is b) debenture are issued by the firm to get the money in business for long term purposes.

Answer explanations 1) a note payable due in 2 years accounts payable is a liability payable in less than a year. Discount on issue of shares d. Examples of noncurrent liabilities noncurrent liabilities.

Hence the correct option is c. Accounts payable is a current liability. Hence bank loan is not a current liability.

1.which of the following is not a current liability?accounts payable.a note payable due in 2 years.current portion of longterm debt.sales tax payable2.liabilities are defined. An asset is something that has future economic value and will be used to generate revenue. This amount need to repay after a considerable long time i.e.

Examples of current liabilities include accounts payables. None of the above business acct 5010 answer. Of the following items, the only one which should not be classified as a current liability is a.