Which of the following would not normally be classified as a non-current liability?
A)current portion of non-current debt
B)bonds payable
C)mortgage payable
D)lease liabilities

Question

Quizplus · Accepted Answer

The current portion of non-current debt is classified as a current liability because it is the portion of long-term debt that is due within the next year. Non-current liabilities, such as bonds payable, mortgage payable, and lease liabilities, are obligations that are due beyond one year.

Which of the Following Would Not Normally Be Classified as a Non-Current