From the following list indicate which of the liabilities that would be classified as current. a. Deferred revenue on a project that will be completed in 6 months b. Bank loan payable in 2 years c. Deferred income taxes Jy d. Pension liability e. The portion of a 10-year bank loan that is due this year f. Payroll deductions owing to the government g. A provision for warranty repairs related to a product with a 1-year warranty

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter9: Operating Activities
Section: Chapter Questions
Problem 12QE
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From the following list indicate which of the liabilities that would be classified as current.
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a. Deferred revenue on a project that will be completed in 6 months
Ob. Bank loan payable in 2 years
c. Deferred income taxes
Jury
d. Pension liability
e. The portion of a 10-year bank loan that is due this year
f. Payroll deductions owing to the government
g. A provision for warranty repairs related to a product with a 1-year warranty
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Transcribed Image Text:View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. From the following list indicate which of the liabilities that would be classified as current. Type here to search a. Deferred revenue on a project that will be completed in 6 months Ob. Bank loan payable in 2 years c. Deferred income taxes Jury d. Pension liability e. The portion of a 10-year bank loan that is due this year f. Payroll deductions owing to the government g. A provision for warranty repairs related to a product with a 1-year warranty eTextbook and Media hp Assistance 27°C
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