Which of the following items can be found on a firm’s balance sheet under current liabilities?...

Which of the following items can be found on a firm’s balance sheet under current liabilities? Accounts receivable. Depreciation. Accounts payable. Cash. Marketable securities.

Expert Solution

The correct option is Accounts payable.

Accounts receivable;cash and marketable securities are current assets while depreciation is reduces from gross fixed assets to show the net fixed assets in the balance sheet.AP is current liability that has to be paid within 12 months .

jeff jeffy answered 2 years ago

Which of the following items would be found on the balance sheet of a manufacturer?

Which of the following items would be found on the balance sheet of a manufacturer? finished goods work in process raw materials All of these choices are correct

Which of the following items would be classified as liabilities on a not-for-profit organization’s balance sheet?...

Which of the following items would be classified as liabilities on a not-for-profit organization’s balance sheet? (select ALL that apply) A. Investments B. Contingent liability C. Prepaid expenses D. Accounts receivable E. Unearned Revenue F. Post-employment benefit obligations

A firm’s 2016 balance sheet showed current assets of $1,700 and current liabilities of $800. Its...

A firm’s 2016 balance sheet showed current assets of $1,700 and current liabilities of $800. Its 2017 balance sheet showed current assets of $2,500 and current liabilities of $4,000. What was the firm’s 2017 increase in net working capital?

Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565;

Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565; net fixed and other assets of $1,517,190; total assets of $3,024,337; and long-term debt of $945,015. What is the amount of the firm’s current assets?

Your firm has the following balance sheet statement items: total current liabilities of $805,000; total assets...

Your firm has the following balance sheet statement items: total current liabilities of $805,000; total assets of $2,886,875; net fixed assets of $1,842,823; and long-term debt of $200,000. What is the amount of the firm's total current assets?

Scare Train, Inc. has the following balance sheet statement items: current liabilities of $847,569; net fixed...

Scare Train, Inc. has the following balance sheet statement items: current liabilities of $847,569; net fixed and other assets of $1,542,574; total assets of $3,360,467; and long-term debt of $704,043. What is the amount of the firm’s net working capital?

Question

Which of the following items can be found on a firm’s balance sheet under current liabilities?...

Solutions

Expert Solution

Related Solutions

Which of the following items would be found on the balance sheet of a manufacturer?

Which of the following items would be classified as liabilities on a not-for-profit organization’s balance sheet?...

A firm’s 2016 balance sheet showed current assets of $1,700 and current liabilities of $800. Its...

Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565;

Your firm has the following balance sheet statement items: total current liabilities of $805,000; total assets...

Scare Train, Inc. has the following balance sheet statement items: current liabilities of $847,569; net fixed...

Which of the following items are included on the balance sheet?

1) which balance day adjustments are classified as current liabilities in the balance sheet ? 2)...

Which of the following are reported as liabilities on a bank’s balance sheet?

Which of the following are items reported on a firm's balance sheet?