Transcription of CHAPTER 13
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CHAPTER 13
13-1 CHAPTER 13 Current Liabilities and ContingenciesASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)TopicsQuestionsBriefExercisesExerc isesProblems Conceptsfor Analysis1. Concept of liabilities;definition and classificationof current , 2, 3, 4,5, 6, 81, 161, 212. Accounts and notespayable; dividends , 11, 291, 2, 32, 161, 21, 23. Short-term obligationsexpected to be , 1043, 43, 44. Deposits and Compensated , 14, 1585, 6, 166. Collections for third , 77, 8, 9, 163, 47. Contingent liabilities(General).17, 18, 19,20, 2210, 1113, 1610, 11, 135, 6, 78. Guaranties and , 2313, 1410, 11, 165, 6, 7,12, 157, 89. Premiums and awardsoffered to , 251512, 15, 168, 9, 12, 1510.
13-5 Questions Chapter 13 (Continued) 7. A discount on notes payable represents the difference between the present value and the face value of the note, the face value being greater in amount than the discounted amount.
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