Known liabilities:
A: Include accounts payable, notes payable, and payroll.
B: Are obligations set by agreements, contracts, or laws.
C: Are measurable.
D: Are definitely determinable.
E: All of the choices are correct.
A: Include accounts payable, notes payable, and payroll.
B: Are obligations set by agreements, contracts, or laws.
C: Are measurable.
D: Are definitely determinable.
E: All of the choices are correct.
举一反三
- Which of the following current liabilities is/are a known amount? ( ) A: Accounts Payable B: other three choices are all known amounts. C: Payroll Liabilities D: Unearned Revenue
- Which of the following current liabilities is/are a known amount? A: Unearned Revenue B: Accounts Payable C: Payroll Liabilities D: All of the above are known amounts.
- Liabilities are amounts owned to outsiders, such as notes payable, accounts payable, .
- All of the following are reported as current liabilities EXCEPT:( ) A: bond payable for 5years B: notes payable due in 6 months C: accounts payable D: sales tax payable
- Which ones are included by liabilities? A: Notes payable B: Rent revenue C: Accounts payable D: Taxes payable