Final answer:
Bonds payable is not a typical current liability.
Step-by-step explanation:
C. Bonds payable is not a typical current liability.
Current liabilities are obligations that are expected to be settled within one year or the operating cycle of a business, whichever is longer. They include obligations such as accounts payable, salaries payable, and unearned revenue.
Bonds payable, on the other hand, are long-term liabilities that represent money borrowed by a company by issuing bonds. Bonds are typically issued with a maturity date of more than one year. Therefore, bonds payable are not considered typical current liabilities.