All of the following are examples of current liabilities except:
A)Accounts payable.
B)Pledged assets.
C)Unearned revenue.
D)Income taxes payable.

Question

Quizplus · Accepted Answer

Accounts payable, unearned revenue, and income taxes payable are all examples of current liabilities, as they are obligations that must be paid within one year. Pledged assets, on the other hand, are not a liability but rather represent collateral that has been pledged to secure a loan or other obligation.

All of the Following Are Examples of Current Liabilities Except