Accountıng Iı Deneme Sınavı Sorusu #1291994

Which of the following is incorrect information about current liabilities?


Maturity is maximum one year.

Accrued expenses is a liability account.

Unearned revenue is a liability account.

Maturity is at least one year.

Bank credit with 1 year maturity is a liability. 


Yanıt Açıklaması:

The correct answer is D. Debts of more than one year are long-term liabilities.

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