Which of the following correctly describes the accounting treatment for interest payable?
A) It is shown on the balance sheet as a current liability.
B) It is shown on the income statement as an operating expense.
C) It is shown on the balance sheet as a current asset.
D) It is shown on the balance sheet as a long-term liability.
A) It is shown on the balance sheet as a current liability.
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Suppose you have invested 25% of your portfolio in four different stocks. The mean and standard deviation of the annual return on each stock are as shown below. The correlations between the annual returns on the four stocks are also shown below.
What is the probability that your portfolio will lose money during the course of a year?
What will be an ideal response?
American Express executives wish to know if there is an association between credit card balance carried and the number of credit cards owned. This is an example of:
A) summarizing B) generalizing C) comparing D) relating E) type II error
Periodically, the Walt Disney Company recycles its oldest animated films, such as Snow White, back into movie theaters to delight a new generation of consumers
To what classification of the BCG growth-market share matrix would these old movies belong? Explain.
In a state that follows modified contributory negligence, in which of the following scenarios could the plaintiff recover the percentage of harm caused by the defendant?
A) The jury finds that the plaintiff's negligence was responsible for 55 percent of the harm. B) The jury finds that the plaintiff's negligence was responsible for 75 percent of the harm. C) The jury finds that the plaintiff's negligence was responsible for 65 percent of the harm. D) The jury finds that the plaintiff's negligence was responsible for 45 percent of the harm.