Which of the following statement about the Balance Sheet is not correct? A. Current liabilities are short-term obligatio
Posted: Thu May 19, 2022 5:31 am
Which of the following statement about the Balance Sheet is not
correct?
A. Current liabilities are short-term obligations that are
expected to be settled over the 12 months following the end of the
financial year. B. Current assets include item that can be
converted into cash within one year. C. It includes information
about every change in airport assets and liability that happened in
the past calendar year. D. Capital asset is an example of
noncurrent asset.
correct?
A. Current liabilities are short-term obligations that are
expected to be settled over the 12 months following the end of the
financial year. B. Current assets include item that can be
converted into cash within one year. C. It includes information
about every change in airport assets and liability that happened in
the past calendar year. D. Capital asset is an example of
noncurrent asset.