What are total current liabilities shown on balance sheet

Assignment Help Accounting Basics
Reference no: EM132750598

Question - The balanced of selected account are given below notes payable short term 1,300, salaries payable 3000, notes payable long term 25,000, account payable 3,300 unearned revenue 1,000, interest payable 2,100. The unearned revenue is the amount of cash received to be rendered in January 2025. The interest payable is due on February 15, 2.025. What are the total current liabilities shown on the balance sheet at December 31, 2024?

Reference no: EM132750598

Questions Cloud

What are some of the problems need to be aware of : You own Falzer's Tool Coating Company, What type of compensation plan will you recommend? What are some of the problems you need to be aware of?
What would be the most important data to access in the hris : What would be the most important data to access in the HRIS for the units and divisions of the MNE to determine feasible HR programs?
Compute the equivalent units of production : In March, Kelly Company had the following unit production costs: materials $10 and conversion costs $8. Compute the equivalent units of production
What does increasing organizational effectiveness mean : What does increasing organizational effectiveness mean to you? P.S. Please elaborate it as much as you can and don't say question is not complet
What are total current liabilities shown on balance sheet : The interest payable is due on February 15, 2.025. What are the total current liabilities shown on the balance sheet at December 31, 2024
Are free-rider and right-to-work the same or different : Are free-rider and right-to-work the same or different? How? Do you believe the government is trying to minimize union activity through legal action?
How large can such a company get before : According to our class theories and concepts, how large can such a company get before it needs to change its culture and structure?
What is the assumed interest rate for deposits : What is the assumed interest rate for deposits in 2021. Why are you assuming the number? Attach 2 articles from Google that support your assumptions
What value can organizations reap from succession planning : What value can organizations reap from succession planning and management? How are the interests of employees relevant to effective retention and development.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sonimad sawmill manufactures two lumber products from a

sonimad sawmill manufactures two lumber products from a joint milling process. the two products developed are mine

  What is the deposit method and when might it be applied

What is the deposit method and when might it be applied?

  Which is not part of characteristics of relevant information

Which is not part of the characteristics of relevant information? Is different under competing courses of action. / Quantitative vs qualitative

  Madison and christopher are staff accountants at a major

madison and christopher are staff accountants at a major public accounting firm. both are pursuing a law degree in a

  Discuss the accounting rules in brief

FASB and the IASB are working on a joint convergence project to bring US GAAP and IFRS revenue recognition rules into alignment.

  Timberly construction negotiates a lump-sum purchase of

timberly construction negotiates a lump-sum purchase of several assets from a company that is going out of business.

  What is the depletion cost per unit

On January 1, 2008, Freeport Enterprises purchased natural resources for $1,200,000. What is the depletion cost per unit

  What is a just-in-time inventory system

What is a just-in-time (JIT) inventory system? Name some inventory costs that can be eliminated or reduced by its use.

  Prepare the journal entries that should be recorded in 2011

Premium Entries to stimulate the sales of its Alladin breakfast cereal, Loptien Company places 1 coupon in each box. Five coupons are redeemable for a premium consisting of a children's hand puppet.

  Outline at least issues that should be considered structure

Outline at least 4 issues that should be considered before deciding on the most appropriate structure in which to hold an investment

  Calculate Ronald net investment income tax

Ronald Trunk is single and independently wealthy. In 2019, Ronald's investment income is $110,000. Calculate Ronald net investment income tax

  Compute the journal entry that klein makes on march

Babson pays the invoice on March 20, and takes the appropriate discount. Compute the journal entry that Klein makes on March 20

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd