Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-Which of the following is LEAST likely to be classified as a current liability?

Question

Use the present value and future value tables included in Appendix 8 and on the textbook companion website. 
-Which of the following is LEAST likely to be classified as a current liability?

Quizplus · Accepted Answer

Bonds payable are long-term liabilities and are not classified as current liabilities. Wages payable, income taxes payable, and unemployment taxes payable are all current liabilities.

Use the Present Value and Future Value Tables Included in Appendix