Which of the following would not likely appear in the current liabilities section of a classified balance sheet?
A)Accounts payable
B)Salaries payable
C)Bonds payable
D)Taxes payable

Question

Quizplus · Accepted Answer

Bonds payable are a long-term liability and typically appear in the long-term liabilities section of a classified balance sheet. The other options listed are current liabilities and would likely appear in the current liabilities section.

Which of the Following Would Not Likely Appear in the Current