There are five current liabilities in the following list.

Preferred stock.

Goodwill.

Salaries and wages payable.

Accounts payable.

Buildings.

Equity investments $($to be sold within one year$).$

Current maturity of long$-$term debt.

Premium on bonds payable.

Allowance for doubtful accounts.

Accounts receivable.

Notes payable $($due next year$).$

Supplies.

Common stock.

Land.

Inventory.

Prepaid insurance.

Bonds payable.

Income taxes payable.

Bonds payable will mature after $14$ years.

Select one: $$

True

False

There are five current liabilities in the following list.

Preferred stock.

Goodwill.

Salaries and wages payable.

Accounts payable.

Buildings.

Equity investments $($to be sold within one year$).$

Current maturity of long$-$term debt.

Premium on bonds payable.

Allowance for doubtful accounts.

Accounts receivable.

Notes payable $($due next year$).$

Supplies.

Common stock.

Land.

Inventory.

Prepaid insurance.

Bonds payable.

Income taxes payable.

Bonds payable will mature after $14$ years.

Select one: $$

True

False