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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Understanding Financial Statements

ISBN: 9780138114404

12th Edition

Authors: Lyn Fraser, Aileen Ormiston

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