Contingent Liabilities: Definition & Examples

Current Liabilities | Overview & Examples

Known Liabilities: Definition & Types

SOLVED: A. Classify the following items as (a) deferred expense (prepaid expense), (b) deferred revenue (unearned revenue), (c) accrued expense (accrued liability), or (d) accrued revenue (accrued asset). 1. A two-year premium paid on a fire insurance policy 2. Electric bill owed but not yet paid 3. Office Supplies on hand 4. Wages owed but not yet paid 5. Telephone bill owed but payable in the following period 6. Subscriptions collected in advance by a newspaper publisher 7

SOLVED: Which of the following items should NOT be projected as apercentage of revenue?A.Capital ExpendituresB.Accrued ExpensesC.Accounts ReceivableD.Inventory

Is payroll an asset or liability? - TimesMojo

Accrued Liabilities - What Are They, Examples, Journal Entry

Liabilities in Accounting | Definition, Types & Examples

Reconciling Subledger & General Ledger for Accounts Payable & Accrued Liabilities