Which of the following would most likely be classified as a current liability?
A) Two-year payable
B) Bonds payable
C) Mortgage payable
D) Portion of long-term debt due within one year
Answer: D
Which of the following would most likely be classified as a current liability?
A) Two-year payable
B) Bonds payable
C) Mortgage payable
D) Portion of long-term debt due within one year
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.