Accounting · Classification of Liabilities
Which of the following is not classified as a Current Liability?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Interest outstanding on Debentures
- 2Contingent Liability✓
- 3Bills Payable
- 4Trade Creditors
Correct answer
Contingent Liability
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Classification of Liabilities MCQs →Want more practice questions on Classification of Liabilities?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Classification of Liabilities