Are credit card amounts listed as current liabilities on your bank statements?

[elie]

Business English Lesson, Advanced Level

ESL/EFL Test #217 "Current Liabilities", question 1

In the normal ......... of trading with external vendors on credit terms, the University incurs current liabilities (i.e. accounts payable within 12 months).

(a) course
(b) event
(c) period
(d) term

Business English Lesson, Advanced Level

ESL/EFL Test #217 "Current Liabilities", answer 1

In the normal course of trading with external vendors on credit terms, the University incurs current liabilities (i.e. accounts payable within 12 months).

Correct answer: (a) course
_________________________

Are credit card amounts listed as current liabilities on your personal financial statements?

elie

[Mister Micawber]

.
I would think so, but I am a grammarian, not a tax expert.
.
_________________
Native English teacher at Mister Micawber's