Which is NOT an example of current liabilities?
A)Notes payable
B)Accounts receivable
C)Current portion of long-term debt
D)Taxes payable

Question

Quizplus · Accepted Answer

Accounts receivable is not an example of current liabilities, as it represents the amount owed to the company by its customers and is considered an asset. The other options, notes payable, current portion of long-term debt, and taxes payable, are all examples of current liabilities.

Which Is NOT an Example of Current Liabilities