Which of the following is least likely to be classified as a current liability? Select one: Accounts payable Income tax payable Bonds payable Unearned revenue
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Which of the following is least likely to be classified as a current liability?
Select one:
Accounts payable
Income tax payable
Bonds payable
Unearned revenue
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- Which one of the following is a special type of liability? a. Accrued expenses b. Salaries payable c. Deferred income taxes d. Bond payableWhich of the following is most likely to be regarded as an estimated liability that is subject to provision? a. Deferred revenues b. Current portion of a long-term debt c. Payroll liabilities d. Vacation pay liabilityWhich of the following accounts should normally be classified as a current liability? Multiple Choice Dividends declared Deferred revenue Wages expense Accumulated depreciation
- Which of the following is usually not an accrued liability? Select one: a. Notes payable b. Taxes payable C. The answer does not exist d. Wages payable e. Interest payable Jump to...Which among the following suits best for Unearned revenue? a. Liability b. Expense c. Revenue d. AssetWhich of the following is most likely to be classified and reported as a current liability? a. Prepaid Expense b. Bond Payable c. Mortgage Payable d. Unearned Revenue O None of the above
- Which item below is not a current liability? Select one: O O a. Unearned revenue b. Trade accounts payable c. cash dividends d. The currently maturing portion of long-term debtWhich one of the following category unearned revenue belong to? a. Limited liability b. Current liability c. Lon-term liability d. Contingent liabilityWhich of the following would be considered a long-term liability? a. interest payable b. mortgages payable c. accounts payable d. salaries payable
