Below is the assignment I need done please simply answer question with all the t
Below is the assignment I need done please simply answer question with all the terms question under them please and thank you. Course ID Number: ACCT 101-30 Date Chapter7 Outline I. How are current liabilities of known amounts accounted for? a. Liabilities i.They occur because of a past transaction or event ii.They create a present obligation for future payment on cash or services iii.They are unavoidable obligations b.Current liabilities c. Long-term liabilities i.Accounts payable ii.Sales tax payable iii.Unearned revenues iv.Short-term notes payable v.Current portion of long-term notes payable II. How do companies account for and record payroll? a. Salary, wages, commission, bonus, benefits

Leave a Reply

Your email address will not be published.

Click=Order Your Paper Now !