Chapter 11 — Current Liabilities

Chapter Outline

  • LO 11.1 Identify and Describe Current Liabilities
  • LO 11.2 Analyze, Journalize, and Report Current Liabilities
  • LO 11.3 Define and Apply Accounting Treatment for Contingent Liabilities
  • LO 11.4 Prepare Journal Entries to Record Short-Term Notes Payable
  • LO 11.5 Record Transactions Incurred in Preparing Payroll

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