On a balance sheet,the accounts of notes payable,salaries payable,taxes payable would fall under the category?

A. Current Liabilities
B. Investments and other assets
C. Current Assests
D. Long - term liabilities

The first answerer who responded A is correct. Current liabilities refer to those that are due within 1 year. Obviously salaries and taxes payable will be paid within the year. Also, the term "note" in notes payable refers to short term loans.

A

D

A is correct
salaries can be in accrued expenses
tax can be in provison for income tax