Prior to beginning work on this assignment, read Chapter 7: Fraud, Internal Control, and Cash, Chapter 8: Reporting and Analyzing Receivables, Chapter 9: Reporting and Analyzing Long-Lived Assets in your course text.
Use the Week 4 Workbook Template to complete the following homework exercises and problems from the “End of Chapter Homework” section at the end of each chapter:
Submit your work to your instructor by the posted due date. You must show all your work to earn full credit.
Prior to beginning work on this discussion forum, read Chapter 10: Reporting and Analyzing Liabilities in your course text.
In your post, discuss current liabilities and long-term liabilities. What are the differences between the two? Illustrate your understanding of liabilities, making sure to identify major types of current liabilities.