Multiple Choice
Which of the following liability accounts is usually NOT an accrued liability:
A) Interest Payable.
B) Wages Payable.
C) Taxes Payable.
D) Notes Payable.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: On November 1, 2017, a company signed
Q45: A company reports Cost of Goods Sold
Q46: Fenway Corporation issued a $16,000, 10-year, 8%
Q48: NBC Corporation issued $620,000, 10%, 5-year bonds
Q49: Which of the following statements regarding contractual
Q50: Earnings per share is a standard measure
Q51: Mike's Pharmacy sold inventory with a selling
Q52: The financing option that has the lowest
Q58: The leverage ratio is equal to average
Q85: A contingent liability should be disclosed in