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    Fundamental Financial Accounting Concepts
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    Exam 9: Accounting for Current Liabilities and Payroll
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    The Amount of Total Liabilities That Would Appear on Riley's
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The Amount of Total Liabilities That Would Appear on Riley's

Question 17

Question 17

Multiple Choice

The amount of total liabilities that would appear on Riley's December 31 balance sheets for 2016 and 2017 would be
2016 2017


A) $36,000 $0.
B) $37,890 $0.
C) $37,890 $38,520.
D) $1,890 $630.

Correct Answer:

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