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Which of the following is not an example of a current liability as of Dec. 31, 1999? A. Management fees collected in advance in 1999,

Which of the following is not an example of a current liability as of Dec. 31, 1999?

A. Management fees collected in advance in 1999, to be earned during 2000.

  • B. The portion of long-term debt due in 2000.
  • C. The interest due to creditors and bond holders for 2000, to be paid in 2000.
  • D. Warranty liability for products carrying a two-year warranty and sold during 1999.

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