Which of the following accounts is reported in the noncurrent liabilities section of the corporate balance sheet?

Question

Quizplus · Accepted Answer

Bonds Payable are long-term liabilities and are reported in the noncurrent liabilities section of the corporate balance sheet. Common Stock is reported in the shareholder's equity section, dividends payable is reported in the current liabilities section, and cash is reported in the current assets section.

Which of the Following Accounts Is Reported in the Noncurrent