Which of the following is not normally a current liability?
A)Salaries payable
B)Accounts payable
C)Income tax payable
D)Bonds payable

Name: Which of the following is not normally a current liability? A)Salaries payable B)Accounts payable C)Income tax payable D)Bonds payable
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Question

Quizplus · Accepted Answer

Bonds payable are long-term liabilities and not considered as a current liability. The other options, such as salaries payable, accounts payable, and income tax payable, are all examples of current liabilities.

Which of the Following Is Not Normally a Current Liability