Which items would be classified as liabilities?
A) Accounts payable, unearned revenue, pension liabilities.
B) Common stock, retained earnings, bonds payable.
C) Commitments and contingencies, additional paid-in capital, notes payable.
D) Deferred taxes, accrued expenses, treasury stock.

Question

Quizplus · Accepted Answer

Accounts payable, unearned revenue, and pension liabilities are all examples of liabilities. The other choices are all examples of equity or other categories.

Which Items Would Be Classified as Liabilities