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Indicate the way each of the items listed below should be reported in a balance sheet at December 31, 2018 Item Reporting Method 1. 2.
Indicate the way each of the items listed below should be reported in a balance sheet at December 31, 2018 Item Reporting Method 1. 2. 3. 4. 5. Commercial paper. Noncommitted line of credit. Customer advances Estimated quality-assurance warranty cost. Accounts payable Long-term bonds that will be callable by the creditor in the upcoming year unless an existing violation is not corrected (there is a reasonable possibility the violation will be corrected within the grace period). 7. Note due March 3, 2019 8. Interest accrued on note, Dec. 31, 2018. 9 Short-term bank loan to be paid with proceeds of sale of commorn stock. A determinable gain that is contingent on a future event that appears extremely likely to occur in three months Unasserted assessment of back taxes that probably will be 11. asserted, in which case there would probably be a loss in six months Unasserted assessment of back taxes with a reasonable 12. possibility of being asserted, in which case there would probably be a loss in 13 months A determinable loss from a past event that is contingent on a future event that appears extremely likely to occur in three months 14. Note payable due April 4, 2021 Long-term bonds callable by the creditor in the upcoming year that are not expected to be called
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