Accounting Principles II | Accra Metropolitan University

Search by :

ALL Author Subject ISBN/ISSN Advanced Search

Last search:

Accounting

Accounting Principles II

By Elizabeth A. Minbiole, CPA, MBA - Personal Name;

A liability is an existing debt or obligation of a company. It is an amount owed to a third-party creditor that requires something of value, usually cash, to be transferred to the creditor to settle the debt. Most obligations are known amounts based on invoices and con- tracts; some liabilities are estimated because the value that changes hands is not fixed at the time of the initial transaction. Liabilities are reported in the balance sheet as current (short-term) or long-term (see Chapter 2), based on when they are due to be paid. Current liabilities are those obligations that will be paid within the next year.

Availability

No copy data

Detail Information

Series Title: -
Call Number: -
Publisher: : ., 2002
Collation: 1-298
Language: English
ISBN/ISSN: 0-7645-8565-7
Classification: NONE
Content Type: -
Media Type: -
Carrier Type: -
Edition: -
Subject(s): Accounting Principles II
Specific Detail Info: -
Statement of Responsibility: -

Other version/related

No other version available

File Attachment

Accounting Principles II

Comments

You must be logged in to post a comment