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E13-1 (Balance Sheet Classification of Various Liabilities) How would each of the following items?

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E13-1 (Balance Sheet Classification of Various Liabilities) How would each of the following items?

Postby lang75 » Sun Oct 02, 2011 1:43 pm

a) Accured vaction pay
b) Estimated taxes payable
c) Service warranties on appliancesales
d) Bake overdraft
e) Employee payroll deductions unremitted
f) Unpaid bonus offers
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
j) Premium offers outstanding
k) Discount on notes payable
l) Personal injury claim pending
m) Current maturities of long-term debts to
be paid from current assets
n) Cash dividends declared but unpaid
o) Dividends in arrears on perferred stock
p) Loans from officers
lang75
 
Posts: 828
Joined: Tue Mar 22, 2011 1:28 pm

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