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Select the items from the following list that can be classified as a current liability, non-current liabilities, a provision or a contingent liability. Accounts payable
Select the items from the following list that can be classified as a current liability, non-current liabilities, a provision or a contingent liability.
- Accounts payable
- Unearned revenue
- Accrued revenues
- Accrued expenses
- Provision for warranty repair costs (1 year)
- 20 - year debentures
- Mortgage payable (30 years)
- Accumulated depreciation
- Allowance for doubtful debts
- Income tax payable
- An unresolved lawsuit against the entity for copyright infringement
- Environment damage that an entity has undertaken to repair
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