On the balance sheet,current maturities of long-term debt appear:
A)in the Stockholders' Equity section.
B)in the Operating Expenses section.
C)in the Current Assets section.
D)in the Current Liabilities section.

Question

Quizplus · Accepted Answer

Current maturities of long-term debt are debts that are due within one year and are considered a current liability. Therefore, they appear in the Current Liabilities section of the balance sheet.

On the Balance Sheet,current Maturities of Long-Term Debt Appear