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

Question

Quizplus · Accepted Answer

Current maturities of non-current debt are classified as a current liability, not a non-current liability, because they are due within the next year. Choices B, C, and D are all examples of non-current liabilities because they are not due within the next year.

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