Which of these is not a current liability?
A) Dividend payable.
B) Accounts payable.
C) General reserve.
D) Accrued expenses.

Question

Quizplus · Accepted Answer

Dividend payable, accounts payable, and accrued expenses are all current liabilities as they are obligations that are due within one year. However, general reserve is not a current liability. It is a part of shareholders' equity and represents funds set aside by the company for future use or contingencies.

Which of These Is Not a Current Liability