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Current Liabilities and Contingencies

Insert Book Cover Picture. Current Liabilities and Contingencies. 13. Learning Objectives. Define liabilities and distinguish between current and long-term liabilities. LO1. Liabilities. Probable future sacrifices of economic benefits.

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468 views • 46 slides

Chapter 13

Chapter 13. Current Liabilities and Contingencies. Liabilities. Probable future sacrifices or economic benefits. . . . Arising from present obligations to other entities. . . . Resulting from past transactions or events. What is a Current Liability?. LIABILITIES. Current Liabilities.

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Chapter Thirteen Current Liabilities and Contingencies

Chapter Thirteen Current Liabilities and Contingencies. Liabilities. Probable future sacrifices or economic benefits. . . . Arising from present obligations to other entities. . . . Resulting from past transactions or events. What is a Current Liability?. LIABILITIES. Current Liabilities.

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483 views • 32 slides

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Gain contingencies - PowerPoint PPT Presentation

Current Liabilities and Contingencies

Chapter 13

Chapter Thirteen Current Liabilities and Contingencies