ACC 400 Discussion Discussion questions for week 2 ACC400. Does not have to be in paragraph format, does not need references. Please answer each question seperately with a response of about 150-200 Words.DQ1 What is a current liability? What is a noncurrent liability? What is the difference between the two types of liabilities? In which financial statement would you find these liabilities?DQ2 What are the types of equity accounts? What is the role of equity accounts in raising capital? Under what circumstances would you not pay a dividend? Under what circumstances would you pay a dividend?DQ3 What is the difference between a bond that sells at a premium and a bond that sells at a discount? How is this related to the market rate?DQ4 What are three different types of a stock in a company? Which type would you prefer to own? Why?