Classify each of the following items as either a Current liability, Long-term liability, or Not a liability.
A. 60-day promissory note
B. Payment of a 4-year term loan due this year
C. Salaries payable
D. FICA taxes payable
E. Income taxes payable
F. Payment of a 30-year term loan due this year
G. Accounts payable
H. Debt guarantees
I. Warranty work completed this year
J. Payment of a 30-year term loan due next year. (The company's operating cycle is 2
months.)
A. Current liability
B. Current liability
C. Current liability
D. Current liability
E. Current liability
F. Current liability
G. Current liability
H. Not a liability
I. Not a liability
J. Long-term liability
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When providing reasons and additional information for the bad news, the writer should
A) explain why the news could be considered positive. B) trivialize the reader's concerns. C) allow the reader to think the news might be positive. D) tell the reader how the issue could be resolved. E) adjust the amount of detail to fit the audience and the situation.
Why is integrated marketing communications important to marketers?
What will be an ideal response?
The pronoun I should always be capitalized
Indicate whether the statement is true or false
Which of the following statements about period costs is true?
A. Period costs do not adhere to the matching principle. B. Period costs are usually recorded as assets. C. Period costs are expensed when the products associated with these costs are sold. D. Most period costs are expensed in the period the costs are incurred.