Which of the following would be listed as a current liability?
A)Cash in the bank.
B)Notes payable due in two years.
C)Bank loan due in 10 years.
D)Accounts payable.

Name: Which of the following would be listed as a current liability? A)Cash in the bank. B)Notes payable due in two years. C)Bank loan due in 10 years. D)Accounts payable.
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Question

Quizplus · Accepted Answer

Accounts payable are amounts owed to suppliers for purchases of goods or services on credit. It represents a current liability as it has to be paid within a year.

Which of the Following Would Be Listed as a Current