Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 23, 2024

Which of the followinng does not represent a current liability. A . Accrual of taxes payable B . Short - term loan C . Purchas

Which of the followinng does not represent a current liability.

.

Accrual of taxes payable

.

Short

-

term loan

.

Purchas of inventory on credit

.

Bond issue

.

None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: kieso, weygandt and warfield.

14th Edition

9780470587232, 470587288, 470587237, 978-0470587287

More Books

Students also viewed these Accounting questions

Question

★★★★★

The shareholders of Flannery Company have voted in favor of a buyout offer from Stultz Corporation. Information about each firm is given here: ..............................................Flannery...

Answered: 1 week ago

Question

★★★★★

In Problem solve for x 1 and x 2 . 10 1 || -3]Lx 3 -- X2. 5 16

Answered: 1 week ago

Question

★★★★★

12. The size of the interest rate shock is unimportant for approximating the duration of option-free bonds.

Answered: 1 week ago

Question

★★★★★

Circuit boards are mounted to interior vertical surfaces of a rectangular duct of height H = 400 mm and length L = 800 mm. Although the boards are cooled by forced convection heat transfer to air...

Answered: 1 week ago

Question

★★★★★

Sandhill Company had the following selected transactions. Feb. 2 10 15 21 28 28 28 Mar. 1 2 15 Purchases supplies from Supplies R Us on account for $2,300. Cash register sales total $39,700, plus 5%...

Answered: 1 week ago

Question

★★★★★

Please explain and write down in a simple way in order to understand solution, please. Let V be a portfolio consisting of twenty shares denoted in a foreign currency. That is, if y represents the...

Answered: 1 week ago

Question

★★★★★

Which type of work place is likely to value conformity to preestablished organizational values and norms that reflect the majority or mainstream? Group of answer choices inclusive workplace...

Answered: 1 week ago

Question

★★★★★

Identify which of the following statements are true when mapping a Jira item with a Jira Align item.Select all that apply, and then click Next.a ) Epics in Jira map to Features in Jira Align.b )...

Answered: 1 week ago

Question

★★★★★

Easy Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 20Y7, the end of the fiscal year, the balances of...

Answered: 1 week ago

Question

★★★★★

a) Can a business earn a Gross Profit but still report a Net Loss? Explain your answer. Hint: You'll need to carefully review the structure of the multi-step Income Statement prior to answering. Make...

Answered: 1 week ago

Question

★★★★★

Marigold Corporation has been authorized to issue 21,000 shares of $100 par value, 10%, preferred stock and 1,020,000 shares of no-par common stock. The corporation assigned a $2.50 stated value to...

Answered: 1 week ago

Previous Question Next Question