Which One of the Following Balance Sheet Accounts Would Not

question 53

Multiple Choice

Which one of the following balance sheet accounts would not be considered to be a current liability?

• A) account payable
• B) bank notes payable
• C) accrued liabilities
• D) mortgage debt

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Definitions:

Regio-

A prefix indicating the region or position in a molecule where a reaction or specific structural change occurs.

Stereochemical

Regarding the arrangement of atoms in molecules and how it affects their characteristics and chemical reactions.

Reagents

Chemical substances or compounds added to a system to bring about a chemical reaction or to see if a reaction occurs.

Transformation

A general term for any process or reaction that changes the chemical structure, physical properties, or molecular composition of a substance.