Of the following, which typically would not be classified as a current liability?
A) Estimated liability from cash rebate program.
B) A long-term note payable maturing within the coming year.
C) Rent revenue received in advance.
D) A six-month bank loan to be paid with the proceeds from the sale of common stock.

Question

Quizplus · Accepted Answer

The Answer of Of the following, which typically would not be classified as a current liability?
A) Estimated liability from cash rebate program.
B) A long-term note payable maturing within the coming year.
C) Rent revenue received in advance.
D) A six-month bank loan to be paid with the proceeds from the sale of common stock.

Of the Following, Which Typically Would Not Be Classified as a Current