Various liabilities how would each of the following items

Assignment Help Accounting Basics
Reference no: EM131115556

Balance Sheet Classification of Various Liabilities how would each of the following items be reported on the balance sheet?

(a) Accrued vacation pay. 
(b) Estimated taxes payable. 
(c) Service warranties on appliance sales. 
(d) Bank overdraft. 
(e) Personal injury claim pending be paid from current assets.
(f) Unpaid bonus to officers. 
(g) Deposit received from customer to guarantee 
(h) Sales taxes payable.
(i) Gift certificates sold to customers but not yet redeemed.
(j) Premium offers outstanding.
(k) Discount on notes payable.
(l) Employee payroll deductions unremitted.
(m) Current maturities of long-term debts to
(n) Cash dividends declared but unpaid.
(o) Dividends in arrears on preferred stock performance of a contract. 
(p) Loans from officers.

Reference no: EM131115556

Questions Cloud

Draft the security considerations for each phase : Specify what can be done in each systems development process phase to mitigate the risk for each entry in the table from the previous week. Be specific, but high-level in your mitigations. Most or all items will have something to check or do in ea..
Chance factors or systemic sampling factors : If this is not accounted for, results can be erroneously attributed to the phenomenon under study rather than to the method of sampling. Will biased sampling always lead to a wrong conclusion? Is biased sampling due to chance factors or systemic s..
Disadvantages of mediation compared to arbitration : DISCUSS the advantages and disadvantages of mediation compared to arbitration (just creating a list without discussion will only receive partial credit). When viewing a choice between mediation or arbitration, what are some of the factors that you co..
Probability of a straight flush : The possibility of a straight flush is 10*4 divided by Combination(52, 5) when you are dealt a hand of 5 random cards. But what if the first card you draw is the 7 of diamonds? What is the probability of a straight flush then?
Various liabilities how would each of the following items : Balance Sheet Classification of Various Liabilities how would each of the following items be reported on the balance sheet?
Calculate the variable cost per unit and fixed costs : Using the High-Low method calculate the variable cost per unit and fixed costs. If the activity in August was 200 machine hours, what would the high-low method predict the overhead cost would be
Line between effective change and chaotic change : Where is the line between effective change and chaotic change? What are some elements a manager needs to keep in mind in order to create effective change and avoid chaos?
Examine two substance abuse prevention programs in us : In a 500-750 word paper, examine at least two substance abuse prevention programs in the United States. Refer to the National Registry of Evidence-based Programs and Practices website to help you successfully complete your paper. Make sure you cho..
What is the percentage of assets that inventory represents : At which points in Whole Foods’s distribution system does inventory exist? Using Whole Foods’s balance sheet and income statement answer the these questions: What is the percentage of assets that inventory represents? What is the number of inventory ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd