On the balance sheet,current maturities of long-term debt debt appears
A) in the Stockholders' Equity section.
B) in the Operating Expenses section.
C) in the Current Assets section.
D) in the Current Liabilities section.

Question

Quizplus · Accepted Answer

Current maturities of long-term debt are debts that are due within the next year and are therefore considered a current liability. They should be listed in the Current Liabilities section of the balance sheet.

On the Balance Sheet,current Maturities of Long-Term Debt Debt Appears