Final answer:
Current liabilities are obligations due within one year. Of the options given, only Dividends payable in six months qualifies as a current liability, as the other options are due beyond the one-year threshold.
Step-by-step explanation:
Analyzing the current liabilities listed on the balance sheet, we consider obligations that the company expects to settle within its normal operating cycle, generally within one year. In this context, Dividends payable in six months (Option A) would be considered a current liability as it is expected to be paid within the short-term horizon. However, Bonds payable in three years (Option B), a Four-year notes payable (Option C), and a Mortgage payable as a single payment in 3 years (Option D) do not meet the usual definition of a current liability as they are due beyond one year.
Current liabilities listed on the balance sheet include: A) Dividends payable in six months, C) Four-year notes payable, and D) Mortgage payable as a single payment in 3 years. B) Bonds payable in three years is not included as a current liability because it has a maturity period of more than one year.