Liabilities are classified on the statement of financial position as current or: Group of answer choices non-current. deferred. accrued. unearned.

Answer Explanation

In accounting, liabilities are obligations that a company owes to external parties. These liabilities are classified into two main categories: current and non-current liabilities.

1. Current Liabilities: These are obligations that are expected to be settled within one year or within the entity's operating cycle, whichever is longer. Examples include accounts payable, short-term loans, and accrued expenses.

2. Non-Current Liabilities: These are obligations that are due beyond one year. Examples include long-term loans, bonds payable, and deferred tax liabilities.

Given the options provided, the correct answer to the classification of liabilities beyond current liabilities is non-current.

Thus, the classification of liabilities on the statement of financial position beyond the current category is:

Final Answer

Non-current.