Which of them are current liabilities? 1. Debentures 2. Prepaid rent 3. Interest accrued 4. Bank overdraft Select the correct answer:

Answer: Option B

Current liabilities are obligations that a company needs to settle within a year.

1. Debentures are long-term liabilities, not current liabilities.

2. Prepaid rent is considered an asset, not a liability.

3. Interest accrued is a current liability as it represents interest that is owed but not yet paid.

4. Bank overdraft is a current liability because it is a short-term borrowing from a bank.

Therefore, the only correct current liability among the options is the bank overdraft.