Arya Limited has the following liabilities Accounts payable 10000 Accrued salary 3000 Tax payable 7000 Long-term note
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Question:
Arya Limited has the following liabilities Accounts payable 10000 Accrued salary 3000 Tax payable 7000 Long-term note payable 8000 half of which is due in the coming financial period What are the amounts of current and noncurrent liabilities.
A. Current 24000 Noncurrent 4000
B. Current 20000 Noncurrent 8000
C. Current 17000 Noncurrent 11000
D. Current 14000 Noncurrent 14000
Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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