Ask Question
BusinessBusiness
6 February, 12:20

When must a lian be reported as "current"

+1
Answers (2)
  1. 6 February, 12:31
    0
    Answer: To be reported as a current liability the item must be due within one year of the balance sheet date
  2. 6 February, 12:41
    0
    The principal payments of a mortgage loan or an equipment loan that must be paid within one year of the date of the balance sheet are reported in this item. To be reported as a current liability the item must be due within one year of the balance sheet date (unless the company's operating cycle is longer).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When must a lian be reported as "current" ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
One disadvantage of oral communication is the lack of a built-in feedback mechanism.
Answers (2)
Operating Costs Accounts Payable Cash Flow Startup Costs Gross Profit Angel Investor 1. An investor who provides money to a business in exchange for debt or equity 2. Cost of starting up a business until it can pay for itself 3.
Answers (1)
Planning is the process of a. designing jobs, grouping jobs into units, and establishing patterns of authority between jobs and units. b. determining the organization's desired future position and deciding how best to get there. c.
Answers (1)
Most business people are honest and keep their word when they make a promise ... select one: a. True b. False
Answers (2)
Imagine an economy of 10 individuals. their annual incomes are reported below. approximately what percentage of this economy's income is held by the poorest 40% of the population?
Answers (1)
New Questions in Business
Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution.
Answers (1)
Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:
Answers (1)
The total of tools, equipment, machinery, and buildings used to produce goods and services is called supply. True or False
Answers (1)
What percentage of federal revenues is made up of corporate taxes
Answers (1)
F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably
Answers (1)
Home » Business » When must a lian be reported as "current"
Sign In
Ask Question
Menu
Subjects