What amount should be included in the current liability

Assignment Help Accounting Basics
Reference no: EM131826306

Question - Janson Corporation Co.'s trial balance included the following account balances at December 31, 2011:

Accounts payable

$25,000

Bond payable, due 2020

22,000

Salaries payable

16,000

Note payable, due 2012

20,000

Note payable, due 2016

40,000

What amount should be included in the current liability section of Janson's December 31, 2011 balance sheet?

$63,000

$41,000

$61,000

$101,000

Reference no: EM131826306

Questions Cloud

What are the pros and cons of such background checks : Some employers routinely conduct background checks for potential employees, some do not. What are the pros and cons of such background checks?
Discuss the appropriate business response : Imagine that you are the HR manager for a new company just opening its doors in your community. The owners have asked you to prepare a vision for compensating.
Second part of the algebraic expression : The sum of a number and 2 is subtracted from the product of 3 and the number.
Find the marginal productivity of labor : If the company uses 5000 units of labor and 3000 units of capital, Find the marginal productivity of labor.
What amount should be included in the current liability : What amount should be included in the current liability section of Janson's December 31, 2011 balance sheet
Calculate by applying formulas and expected value of sales : Calculate by applying the formulas, expected value of sales in the area, its standard deviation and upper and lower bounds within 95% of confidence interval.
How many adults and how many children went to the? zoo : The Jurassic Zoo charges ?$1414 for each adult admission and ?$66 for each child. The total bill for the 8585 people from a school trip was ?$734734.
Build the network and verify connectivity : Network device, such as a Cisco router, assigns a public address to host devices inside a private network. The main reason to use NATisto reduce the number
Find the amount of the loan she should ask : If she borrows the money for 10 months, find the amount of the loan she should ask for so that her proceeds are $750?

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