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Indicate the way each of the items listed below should be reported in a balance sheet at December 31, 2018. Reporting Method Item Commercial paper
Indicate the way each of the items listed below should be reported in a balance sheet at December 31, 2018. Reporting Method Item Commercial paper Noncommitted line of credit 2 Customer advances 3 Estimated quality-assurance warranty cost Accounts payable Long-term bonds that will be callable 6 4. 5 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). Note due March 3, 2019 7 Interest accrued on note, Dec 31, 2018 Short-term bank loan to be paid with proceeds of sale of common stock 8 A determinable gain that is contingent on a future event that appears 10 extremely likely to occur in three months Unasserted assessment of back taxes that probably will be asserted, in 11 which case there would probably be a loss in six months Unasserted assessment of back taxes with a reasonable possibility of 12. 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. Note payable due April 4, 2021 14. Long-term bonds callable by the creditor in the upcoming year that are not expected to be called 15
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