The Employee Bonus Payable would normally be shown on the balance sheet under long-term liabilities.

Name: The Employee Bonus Payable would normally be shown on the balance sheet under long-term liabilities.
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Question

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The Employee Bonus Payable would be shown on the balance sheet under current liabilities instead of long-term liabilities. This is because it is a liability that is expected to be paid within one year or less.

The Employee Bonus Payable Would Normally Be Shown on the Balance