Which of the Following Is NOT a Current Liability

question 143

Multiple Choice

Which of the following is NOT a current liability?

• A)accounts payable
• B)income taxes payable
• C)accrued wages payable
• D)bonds payable due in ten years

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Definitions:

Small Law Firm

A legal practice with a limited number of attorneys, offering more personalized services and often focusing on a specific area of law.

Legislative History

The record of all the documents created and actions taken during the process of enacting a piece of legislation.

Legislative Office

An office or position within a legislative body, such as a parliament or congress, responsible for drafting, amending, and passing laws.

Public Defenders

Government-appointed attorneys who represent individuals unable to afford private legal representation in criminal cases.