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The liabilities division should contain what accounts?

what liabilities division should contain


Should an acid-test ratio increase or decrease?

An acid-test ratio should typically increase over time. An increase in the acid-test ratio indicates that a company has more liquid assets relative to current liabilities, which is generally a positive sign of financial health and liquidity.


Who should have the unlimited liabilities?

Sole proprietorship Partnership or others


What should an employer record payroll deductions as?

Current liabilities.


What should I expect to pay if I am renting an apartment based on income?

Each state and organization will have its own criteria, from a fixed amount to a percentage of income. Percentage of income usually is between 25-30%.


What should you do if your boss asked that you don't make the adjusting entry to take the current liabilities from long term liabilities?

I have to say that this question doesn't seem plausible. The reason being,Current Liabilities are liabilities that are short-termed, meaning they will be paid in a very short time. Usually one year or less.Long-Term Liabilities are liabilities that are much longer and will be paid out during a long period of time, more than a year.There should be no current liabilities in long-term liabilities unless an error was made during the accounting process and an current liability was recorded as an long-term, in which case, an adjusting entry must be made to show this error.Other than an accounting error, there are not current liabilities in long-term to "take out".


Do assets equal liabilities on condo balance sheet?

Yes, they should.


In managing cash and marketable securities what should the manager's primary concern?

Liquidity and Safety


Which percentage of records in an organization make-up vital records?

The percentage of records that make up vital records in an organization can vary depending on the industry and the specific organization's needs. However, it is generally recommended that vital records should comprise around 5-10% of an organization's total records. These vital records typically include essential and sensitive information that is crucial for the organization's operations and continuity.


On a consolidated statement of financial position is total liabilities and shareholders' investment the same as just total liabilities which figure should i use when calculating the debt ratio?

yes


Do banks balance sheets have current liabilities?

Do you mean: can a bank balance be a liability? If so, yes. If a bank balance is an overdraft then that balance should be shown in current liabilities.


Why should study organization?

You should study an organization in order to learn what it does.