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Author Question: Identify each of the liabilities listed below using the following code: a. definitely ... (Read 33 times)

jon_i

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on: Jul 5, 2018
Identify each of the liabilities listed below using the following code:
 
  a. definitely determinable liability
  b. estimated liability
 
  _______ 1. purchased merchandise on account
  _______ 2. had the employees work all month but won't pay them until next month
  _______ 3. owes the bank interest on an outstanding loan
  _______ 4. withheld 9,000 from the employees' earnings for payroll taxes
  _______ 5. sold 1,000,000 units during the current period and agreed to fix or replace each unit sold if it did not last two years or completely satisfy the customer
  _______ 6. borrowed money from a local bank

Question 2

Application documentation that describes the application and contains instructions for preparing inputs and using outputs is a(n):
 a. operations run manual
  b. user manual
  c. program documentation
  d. systems documentation


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bob

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Reply #1 on: Jul 5, 2018
Answer to Question 1

a, a, a, a, b, a

Answer to Question 2

B


jon_i

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Reply 2 on: Jul 5, 2018
Excellent

triiciiaa

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Reply 3 on: Yesterday
Wow, this really help

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