Match each of the following items as either: __ Payment of s 30-year term load d
ID: 2484867 • Letter: M
Question
Match each of the following items as either: __ Payment of s 30-year term load due next year __ Debt guarantees ___Payment of s 30 year term load due this year ___ Income taxes payable ___Payment of a 4 year term load due this year __ Fica taxes payable ____ 30-day promissory note ___ Warranty work completed this year ___ Salaries Payable ___Account payable
Match each of the following items as either: __ Payment of s 30-year term load due next year __ Debt guarantees ___Payment of s 30 year term load due this year ___ Income taxes payable ___Payment of a 4 year term load due this year __ Fica taxes payable ____ 30-day promissory note ___ Warranty work completed this year ___ Salaries Payable ___Account payable
1. Current liability 2.Long term liabilities 3.Not a liability
Explanation / Answer
1 )Long term liability As same is payable after a year 2) Long term liability as same will be exercised only when thirs party defaults 3) current liability Payment of current portion of dues 4)current liability as same is payable within a year 5)current liabiltiy as same is payable within a year 6)current liabiltiy as same is payable within a year 7)current liabiltiy as same is payable within a year 8) Not a liabiltiy It is a payment of liability 9) current liabiltuy as it is payable within a year 10)Account spayable due within a year.