If this bond payable is payable within one fiscal year then it is current liability otherwise if it is not payable within one fiscal year then it is non current liability.
no, it is current liability
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
Yes, salaries payable is a current liability.
Expense payable is a current liability.
No it is a current liability
no, it is current liability
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
Yes, salaries payable is a current liability.
Bonds payable is classified as liability in balance sheet. That portion which is payable in current fiscal year as current liability while remaining portion as non-current liability.
Expense payable is a current liability.
bonds payable are shown in balance sheet under current as well as non-current liability portion as that much amount which is payable within current year is current liability and remaining is non-current liability.
No it is a current liability
Yes bonds payable means liability..first of all wherever the word payable denotes for paying that shows liability
Yes, FUTA taxes payable is a current liability. Current liabilities are those that are due within one year.
is bond payable a current liability
Accounts payable and salaries payable both are part of current liability of balance sheet and shown there at liability side.
if liability is payable within one fiscal year then it is current liability while if it is payable for morethan one fiscal year then it is long terrm liability.