(2). Which of the following is not classified as a current liability account? (a). accounts payable (b). notes payable due in 2 years (c). salaries and wages payable (d). income taxes payable (3). Convertible bonds are attractive to bondholders because (a). they usually carry a higher rate of interest than nonconvertible bonds. (b). they carry a convertible interest rate that can be increased when the market rate of interest increases. (c). they can be converted into stock at the bondholder's option. (d). the issuing company cannot retire the bonds before maturity