Q337
Accounts payable, accruals and notes payables are listed on balance sheet as
A.
accrued liabilities
B.
current liabilities
AnswerC.
accumulated liabilities
D.
non-current liabilities
Answer: Option B
Solution
Answer: Option B
Solution:
Accounts payable, accruals and notes payables are listed on balance sheet as current liabilities. Current liabilities are a company's debts or obligations that are due within one year or within a normal operating cycle.