The current liabilities are obligations that will be paid out of current assets and are due within a short time, usually within one year. Current liabilities represent the nature and amounts of outflow of economic benefits from the company in order to fulfill existing obligations in the following fiscal year (one year or operating cycle). Current liabilities include short-term bank loans, current portions of long-term bank loans, accounts payable, notes payable, accruals etc. Current liabilities are listed on the balance sheet in the order in which they are due. The correct answer is D.