0
What else can I help you with?
How is the Bonds Payable account classified on the balance sheet?
It is classified under Long-term Debt/Liabilities
What is the normal balance of a bonds payable account?
Normal balance of bonds payable account is credit account and it is shown under liability side of balance sheet because these are the amounts payable in future.
What is dividends Payable classified as?
Dividend payable is classified as liability as soon as dividend is declared in liability side of balance sheet.
Where do you place mortgage payable in a classified balance sheet?
In the liabilities section
Does bonds payable go to balance sheet or income statement?
deductions
What accounts are not classified in the current assets section of the balance sheet?
Accounts payable.
Bonds payable are reported on the balance sheet at?
bonds payable are shown in balance sheet under current as well as non-current liability portion as that much amount which is payable within current year is current liability and remaining is non-current liability.
How is Interest Expense with a credit balance classified in the financial statements?
An Interest Expense with a credit balance is reclassified as Interest Payable on the Balance Sheet.
Is accounts payable listed on an income statement?
accounts payable is account in balance sheet
Are accounts payable on the income statement and balance sheet?
yes accounts are payable on the income statement and balance sheet.
Where does an escrow payable appear on a balance sheet or a income statement?
balance sheet
Is accounts payable considered an asset or a liability on a company's balance sheet?
Accounts payable is considered a liability on a company's balance sheet.
