Accrued liabilities can include all of the following except:
A)salaries payable.
B)current portion of long-term debt.
C)income tax payable.
D)interest payable.

Question

Quizplus · Accepted Answer

Accrued liabilities are expenses that have been incurred but not yet paid, such as salaries payable, income tax payable, and interest payable. The current portion of long-term debt is not considered an accrued liability, as it is a portion of a long-term obligation that is due within the current accounting period.

Accrued Liabilities Can Include All of the Following Except