Posted: March 28th, 2021

problem 10.8b | Accounting homework help

 

PROBLEM 10.8B

Financial Statement Presentation of Liabilities

 

 

 

As of December 31 of the current year, Alexander Company has prepared the following information regarding its liabilities and other obligations:

 

 

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Instructions

  1. Prepare a listing of Alexander’s current and long-term liabilities as they should be presented in the company’s December 31 balance sheet.
  2. Briefly explain why you have excluded any of the listed items in your listing of current and long-term liabilities.

Problem 10.8B  Total liabilities (part a) = $1,540,500

 

Submit your solution as an “Excel” attachment. If possible, use one workbook with each problem in a separate worksheet. Upload all assignments under ONE submission if you are submitting more than one attachment. Please do not submit homework problems in parts. All must be completed with ONE submission.

 

 

 

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