Principles of Financial Accounting · 免费预览
识别与描述流动负债
流动负债是应在一年内或经营周期内到期的义务，包括应付账款、应付票据、预收收入、应计负债以及长期债务的流动部分；其相对于流动资产的规模构成了流动性分析的框架。
1. The one-year boundary
The one-year boundary
2. Operating liabilities
Operating liabilities
3. Financing liabilities
Financing liabilities
4. Contingent items at the boundary
Contingent items at the boundary
5. Current definition
Which liability is classified as current?
6. Operating versus financing
Which liability arises from ordinary operations rather than borrowing?
7. Unearned revenue classification
A gym collects 1,200 dollars in December for classes running January through June. How is the 1,200 dollars classified on the December balance sheet?
8. Contingent liability recognition
A company faces a lawsuit that lawyers call possible but not probable, with damages impossible to estimate. What does GAAP require?
9. Current portion name
Complete the term. The slice of long-term debt due within the next year is called the current ____ of long-term debt. One word.
10. Contingency disclosure test
A contingent liability is recorded, not merely disclosed, when loss is probable and the amount is ____. One word.