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.
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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.