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Current Attempt in Progress How would each of the following items be reported on the balance sheet? Item (a) Accrued vacation pay. (b) Estimated
Current Attempt in Progress How would each of the following items be reported on the balance sheet? Item (a) Accrued vacation pay. (b) Estimated taxes payable. (c) Service warranties on appliance sales. (d) Customer advance on an order. (e) Employee payroll deductions unremitted. (f) Unpaid bonus to officers. (g) Deposit received from customer to guarantee performance of a contract. (h) Sales taxes payable. (i) Gift certificates sold to customers but not yet redeemed. () Premium offers outstanding. (k) Discount on notes payable. (1) Personal injury claim pending that is not probable and/or not reasonably estimable. (m) (n) Current maturities of long-term debts to be paid from current assets. Amounts received for gift cards. How would each of the following items be reported on the balance sheet? Item Reported c crued vacation pay. imated taxes payable. vice warranties on appliance sales. stomer advance on an order. iployee payroll deductions unremitted. paid bonus to officers. posit received from customer to guarantee performance of a contract es taxes payable. t certificates sold to customers but not yet redeemed. emium offers outstanding. scount on notes payable. Current Assets Current Liability Current Liability or Long- term Liability Footnote Disclosure Long-term Investments Property, Plant and Equipment Stockholders' Equity rsonal injury claim pending that is not probable and/or not reasonably estimable. rrent maturities of long-term debts to be paid from current assets. ounts received for gift cards.
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