Dollarama Inc. reported the following liabilities (in thousands) in its January 31, 2021, financial statements (in thousands):
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Question:
Dollarama Inc. reported the following liabilities (in thousands) in its January 31, 2021, financial statements (in thousands):
Long-term debt | $1,044,079 | Income taxes payable | $12,975 | ||||
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Deferred income taxes | 121,879 | Accounts payable and accrued liabilities | 278,893 | ||||
Current portion of long-term debt | 832,821 | Dividends payable | 14,583 | ||||
Lease liabilities | 1,401,769 | Current portion of lease liabilities | 181,893 |
(a)
Identify any of the above liabilities that Dollarama would normally report as current and any it would normally report as non-current. State whether any item could fit in both categories.
Long-term debt | select a type of liability | ||
---|---|---|---|
Deferred income taxes | select a type of liability | ||
Current portion of long-term debt | select a type of liability | ||
Lease liabilities | select a type of liability | ||
Current portion of lease liabilities | select a type of liability | ||
Income taxes payable | select a type of liability | ||
Accounts payable and accrued liabilities | select a type of liability | ||
Dividends payable |
Posted Date: