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Author Question: A liability is properly accounted for as an account payable if (Read 34 times)

agstelzer01

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on: Aug 21, 2022
A liability is properly accounted for as an account payable if
◦ the amount is known and owed as of the balance sheet date.
◦ the amount can be estimated and is owed at the balance sheet date.
◦ the amount is known at the balance sheet date and owed by the end of the next fiscal year.
◦ the amount is estimated and owed within 90 days of the balance sheet date.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by agstelzer01 on Aug 21, 2022

nikspatel037

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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agstelzer01

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Reply 2 on: Aug 21, 2022
Excellent

jojobee318

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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