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Yes, salaries payable is a current liability.

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Q: Is salaries payable a current liability?
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Related questions

What type of liability is salaries payable?

Current liabilites


Is salaries payable a liability?

Salaries payable is liability payable in future time period.


On a balance sheet the accounts pauable and salarys payable would fall under the catergory of?

Accounts payable and salaries payable both are part of current liability of balance sheet and shown there at liability side.


On a balance sheet the accounts of accounts payable salaries payable and mortgage notes payable would fall under the category of?

Accounts payables and salaries payable are part of current liability in balance sheet while current portion of mortgage notes payable is part ot current liability and remaining portion is part of long term liability.


On a balance sheet the accounts payable and salaries payable would fall under what category?

current liability


Is salaries payable an asset or liability or owners equity account?

Salaries payable is liability as it is payable in future time and all liabilities shown in balance sheet at liability side.


Why salaries payable is a liability?

Salaries payable is liability because it is incurred but not yet paid and payment is deferred till future time .


Is saleries payable a current liability?

Yes, Salaries Payable would be considered a Current Liability as the company will pay the amount off in less than one year (or one accounting period).Current Liability as any liability that will be fully pad for in one year (or less).


Is salaries payable an expense?

Salaries payable is a out standing expenses for time being its show as a liability account.


Is bonds payable a current liability?

Yes, Salaries Payable would be considered a Current Liability as the company will pay the amount off in less than one year (or one accounting period). Current Liability as any liability that will be... Yes, Current Liabilities are liabilities that will be paid off in one year or less. Accounts payable is where you record such liabilities. If it's a payment that will be made in more than one year.


Is bonds payable current liability?

Yes, Salaries Payable would be considered a Current Liability as the company will pay the amount off in less than one year (or one accounting period). Current Liability as any liability that will be... Yes, Current Liabilities are liabilities that will be paid off in one year or less. Accounts Payable is where you record such liabilities. If it's a payment that will be made in more than one year.


Is bonds payable of 5000 issued at 99 dollars is it a current liability or noncurrent liability?

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.