Question: answer both questions and just the answer Question 10 Which of the following are classified as a source of debt financing (liability): I. Note Payable


Question 10 Which of the following are classified as a source of debt financing (liability): I. Note Payable II. Installment Note III. Common Stock IV. Bond A All of the above B. I and II only c. lll and Ill only D., II, and IV only Question 2 In most cases, liabilities due in less than A one year, long term liabilities are classified as on the balance sheet. Btwo years, current liabilities c. one year, current liabilities D. Six months, long term liabilities Question 1 Which of the following is not a liability? A Accounts Payable of the spaya Whl Accou n ue Interest Reservable B. Interest Revenue 5 OO OO U . Sales Tax Payable Deferred Revenue
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
