Liabilities are amounts owned to outsiders, such as notes payable, accounts payable, .
举一反三
- Which ones are included by liabilities? A: Notes payable B: Rent revenue C: Accounts payable D: Taxes 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<br/>of the following accounts is NOT a liability? ( ) A: Accounts Payable B: Notes Payable C: Salaries Payable D: Accounts Receivable
- 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.
- All of the following are liability accounts except__________. A: accounts payable B: unearned ticket revenue C: taxes payable D: commissions earned E: notes payable