On the balance sheet, current maturities of non-current (long-term)debt appears:
A)in the Shareholders' 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 non-current (long-term) debt are the amounts of long-term debt that are due within the current year and thus should be reported as a current liability on the balance sheet.

On the Balance Sheet, Current Maturities of Non-Current (Long-Term)debt Appears