Match the term with the description. The portion of bonds, mortgage notes, and other long-term indebtedness that matures a. trade accounts payable within the next fiscal year. The ratio of total current assets to total current liabilities. It shows how many times the current assets can cover the current liabilities. Warranty that provides an additional service beyond the assurance-type warranty. Obligations whose liquidation is reasonably expected to require use of existing resources properly classified as current assets. Warranty that the product meets agreed-upon specifications I the contract at the time the product is sold. A company receives cash before it delivers goods or renders services. Paid absences from employment for items as vacations, illnesses, holidays, and jury duties. Balances owed to others for goods, supplies, or services purchased on open account. An existing condition, situation, or set of circumstances involving uncertainty as to possible gain or loss. An uncertain existing condition that involve possible loss. b. contingency c. Current ratio d. loss contingencies e. Compensated Absences f. current maturities of long-terem debt g. service-type warranty h. unearned revenues i, current liabilities j. assurance-type warranty K

Match the form with the description. The portion of bonds, mortgage notes. and other long-term indebtedness that matures a. trade accounts payable within the next fiscal year: The ratio of total current assets to total current liabilities it shows how many times the b. contingency current assets can cover the current liabilities. Warranty that provides an additional service beyond the assurance-type warranty c. Current ratio Obligations whose liquidation is reasonably expected to requiro use of existing tesources properly clansified as current assots. d. loss contingencies e. Compensated Absences f. current maturities of long-terem dobt Warranty that the product meets agreed-upon specifications I the contract at the time the product is sold g. service-type warranty h. unearned revenues A company recelves cash before it delivers goods or renders services 1. current liabilities Paid abser dufies 1. assurance-type wamanty Balances owed to others for goods, supplies or services purchased on open account An existing conidition, siluation, or set of circumstances imwohing uncertainty as to possible gain or loss An uncertain existing condition that involve possible loss