Which of the following liabilities are not related to the operating cycle?
A) Salaries and wages payable
B) Accounts payable
C) Utilities payable
D) Bonds payable

Question

Quizplus · Accepted Answer

Bonds payable are long-term liabilities and not part of the operating cycle, while Salaries and wages payable, Accounts payable, and Utilities payable are all short-term liabilities that are part of the operating cycle.

Which of the Following Liabilities Are Not Related to the Operating