The First Item Listed Under Current Liabilities Is Usually

question 25

Multiple Choice

The first item listed under current liabilities is usually

• A) accounts payable.
• B) notes payable.
• C) salaries and wages payable.
• D) taxes payable.

---

Definitions:

Propanoic Acid

A short-chain fatty acid with the formula C2H5COOH, known for its unpleasant odor similar to body sweat.

Methyl Propanoate

An ester formed from methanol and propanoic acid, often used as a solvent or in the synthesis of other compounds.

Methods

Systematic approaches or techniques used to accomplish a task, solve problems, or conduct research.

Major Product

In a given chemical reaction, the principal substance produced, distinguished by its predominance among other possible products.