Reference no: EM132690287
Consider:
Accrued vacation pay.
Income taxes payable.
Service-type warranties on appliance sales.
Social Security taxes payable.
Personal injury claim pending.
Unpaid bonus to officers.
Deposit received from customer to guarantee performance of a contract.
Value-added tax payable.
Gift certificates sold to customers but not yet redeemed.
Premium offers outstanding.
Accounts payable.
Employee payroll deductions unremitted.
Current maturities of long-term debts to be paid from current assets.
Cash dividends declared but unpaid.
Dividends in arrears on preference shares.
Loans to officers.
Question 1: How would each of the preceding items be reported on the statement of financial position?