The classified balance sheet will show which liability subsections?

A) current liabilities and long-term liabilities
B) current liabilities and other liabilities
C) other liabilities and long-term liabilities
D) present liabilities and tomorrow's liabilities

Liability Subsections

The divisions within the liabilities section of a balance sheet, categorizing liabilities based on their nature or duration, such as current liabilities and long-term liabilities.

Long-Term Liabilities

Liabilities that usually will not be due for more than one year.