is "fedral income taxes payable" current liabilities or long term liabilities?

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tax is always current as must be paid within the next period.

2007-11-26 02:29:08 · answer #1 · answered by Barbarian 5 · 0⤊ 0⤋

Current.

2007-11-26 09:54:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Current since they are due in less than one year.

2007-11-26 09:50:53 · answer #3 · answered by shipwreck 7 · 0⤊ 0⤋