Which is not a current liability account

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Reference no: EM133011426

Problem 1: Cash equivalents would include:

a. highly liquid investments that can be quickly converted to cash.

b. accounts receivable from customers.

c. cash restricted for special purposes such as to repay debt in the future.

d. prepaid expenses that were purchased with cash.

Problem 2: Which of the following is not a current liability account?

a. Accrued payroll

b. Dividends payable

c. Prepaid rent

d. Subscriptions collect in advance from customers

Reference no: EM133011426

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