Which of the following assets or liabilities are nonmonetary?
A. Trade receivables.
B. Deferred tax liabilities.
C. Accrued expenses and other payables.
D. Taxes payable.
Answer:B
Which of the following assets or liabilities are nonmonetary?
A. Trade receivables. B. Deferred tax liabilities. C. Accrued expenses and other payables. D. Taxes payable.