Ch01 Current Liabilities BSA 2A

Ch01 Current Liabilities BSA 2A

University

10 Qs

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Ch01 Current Liabilities BSA 2A

Ch01 Current Liabilities BSA 2A

Assessment

Quiz

Other

University

Hard

Created by

Jay Molina

Used 7+ times

FREE Resource

10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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Compute the total current liabilities on December 31, 2022.

2.

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5 mins • 1 pt

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Compute for the Notes Payable to be classified as current liabilities in statement of financial position on December 31, 2022.

3.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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Compute the total current liabilities on December 31, 2022.

4.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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What amount of the note payable should Largo include in the current liabilities section of its December 31, 2022 balance sheet?

5.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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Compute the total current liabilities on December 31, 2022.

6.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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On December 31, what amount should be reported as unearned revenue?

7.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

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What is unearned service contract revenue on December 31?

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