All of the Following Are Reported as Current Liabilities EXCEPT

question 49

Multiple Choice

All of the following are reported as current liabilities EXCEPT:

• A)unearned revenues for services to be provided in 16 months.
• B)payroll tax payable.
• C)accounts payable.
• D)notes payable due in 6 months.

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Definitions:

Global Warming

The long-term rise in Earth's average surface temperature due to human activities, particularly the emission of greenhouse gases, leading to climate change.

Marginal Benefit

The boost in value or pleasure gained from the consumption of one more unit of a good or service.

Supply and Demand

Fundamental economic principles that describe how prices are determined in a market based on the quantity of a good or service available and desired.