Correct option is b) debenture are issued by the firm to get the money in business for long term purposes.

Which one of the following is not a current liability?. Answer explanations 1) a note payable due in 2 years accounts payable is a liability payable in less than a year. This amount need to repay after a considerable long time i.e. Of the following items, the only one which should not be classified as a current liability is a.

Prepaid rent cannot be a current liability account because it is an asset. A prepaid rent b bank overdraft c creditors d tax payable answer & explanation correct answer: Dividends payable in the company's stock 2.

On a classified balance sheet, wages payable is classified as: Discount on issue of shares d. Which one of the following is not a current liability?

The portion of a bond liability that will not be paid within the upcoming year is classified as a noncurrent liability. Which of the following is not a current liability. Hence bank loan is not a current liability.

An asset is something that has future economic value and will be used to generate revenue. Examples of noncurrent liabilities noncurrent liabilities. 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.

A) taxes payable b) accounts payable c) wages payable d) wage expense answer: Hence the correct option is c. None of the above business acct 5010 answer.