Current Liabilities as of December 31, 2014 Are the

Current liabilities as of December 31, 2014 are the

A) obligations which were incurred during 2014 in the normal course of operating the business.
B) debts on the balance sheet that must be repaid or refinanced in 2015.
C) debts related only to operating activities of the company.
D) debts on December 31, 2014 that are expected to be paid using current assets during 2015.