Question

following is not a quick liability
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Answer 1

Answer:

yes

Explanation:

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Answer 2

The correct answer is debentures, long-term loans, bonds payable.

Explanation:

• Quick liabilities are the liabilities that are meant to be paid quickly.
• Non current liabilities include debentures, long-term loans, bonds payable, deferred tax liabilities, long-term lease obligations, and pension benefit obligations.
• The other name for Quick liability is Current liability.
• All liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer are known as Quick or Current liabilities.