Which of the following liabilities would be included in the current liabilities section on the balance sheet?
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Which of the following liabilities would be included in the current liabilities section on the balance sheet?
(a) Finance lease obligations, notes payable, common stock.
(b) Accounts payable, short-term debt, unearned revenues.
(c) Accrued liabilities, deferred credits, retained earnings.
(d) Current maturities of long-term debt, additional paid-in capital, pension obligations.
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Related Book For
Understanding Financial Statements
ISBN: 9780138114404
12th Edition
Authors: Lyn Fraser, Aileen Ormiston
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