Question: Campbell Soup Cases 3 - 2 and 3 - 3 : Campbell Soup Required: a . Identify Campbell Soup s major categories of liabilities. Identify

Campbell Soup Cases 3-2 and 3-3:
Campbell Soup
Required:
a. Identify Campbell Soups major categories of liabilities. Identify which of these liabilities require recognition of interest expense.
b. Reconcile activity in the long-term borrowing account for Year 11.
c. Describe the composition of Campbell Soups long-term liabilities account using its note 19.

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