menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 9: Current Liabilities and Long-Term Debt
  5. Question
    Which Current Liability Is Generally Listed First
Solved

Which Current Liability Is Generally Listed First

Question 4

Question 4

Multiple Choice

Which current liability is generally listed first?


A) Notes payable
B) Accounts Payable
C) Current portions of long-term debt
D) Accrued payables

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The disclosure of a contingent liability in

Q2: If a bond's stated rate of interest

Q3: Many salespersons have part of their payroll

Q5: Wolfe Company has a 5-year mortgage for

Q6: Which of the following would NOT be

Q7: Withheld payroll deductions become:<br>A)assets of the employer.<br>B)liabilities

Q8: A major difference between Accounts Payable and

Q9: In general it is better to use

Q10: If a $15,000, 8 percent, 20-year bond

Q11: When sales tax is remitted to the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines