Answered: All of the following are reported as…

All of the following are reported as current liabilities except:a. interest payable.b. bonds payable due in 18 months.c. salaries payable.d. sales tax payable.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

All of the following are reported as current liabilities except:
a. interest payable.
b. bonds payable due in 18 months.
c. salaries payable.
d. sales tax payable.

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