Current Liabilities Prepaid Expenses

Prepaid expenses Rs 3,000 Current liabilities Rs 60,000 Solution : A. Current ratio = Current Assets Current liabilities = Rs Rs 60,000 90 000, = 3 : 2 or 1.5 : 1 B. Liquid ratio = Current Assets – Stock + Prepaid Expenses Current liabilities b g = Rs 57,000 ... Fetch Doc

Ch4-solutions - Welcome To The University Of Texas At San ...
— Prepaid expenses. Question 3-4. Current liabilities. Current liabilities include all liabilities that are scheduled to be liquidated within one year or the operating cycle, whichever is longer, except those that management intends to refinance on a long-term basis. ... Access Full Source

Balance Sheet Accruals & Deferrals - YouTube
Current assets and liabilities are created when the cash flows do In the case of a paid but deferred expense (e.g., employee wages), this creates a prepaid expense ASSET. Category: Education. 12:02 Adjusting Entries for Accrued Expenses (Financial Accounting Series) by ... View Video

FSA Type Balance Sheet - The University Of Vermont
CURRENT FARM ASSETS $VALUE CURRENT FARM LIABILITIES Current Balance Cash Savings: ($ ) Checking: ($ ) Accounts and Notes Payable Past Due Other Investments: (CD's Supplies and Prepaid Expenses Income Tax and Social Security Leases Other (Judgements, liens) ... Get Content Here

Taseko Mines - Wikipedia, The Free Encyclopedia
Prepaid expenses: 839: 1,069: 2,641: 1,221: Current portion of promissory note: 723: 2,086: 1,238: 2,157: 124,105 94,619 97,907 149,447; Restricted Cash-4,400: 4,400-Reclamation Deposits: Current Liabilities; Accounts payable and accrued liabilities: 27,032: 30,435: 20,646: 21,961: ... Read Article

ESTIMATION OF DEFERRED TAXES - Farmdoc : Farm Decision ...
• Prepaid Expenses “Market Value” is the value of an asset if it were sold at current market prices. Current Liabilities Tax Basis Accounts Payable $9,450 Accrued Interest $31,370 Other Accrued Expenses $6,500 ... Fetch This Document

ARI Network Services Announces Fiscal Year 2013 First Quarter Financial Results
MILWAUKEE, Dec. 17, 2012 /PRNewswire/ -- ARI Network Services (OTCBB: ARIS), a leader in creating, marketing, and supporting software, SaaS, and DaaS solutions that connect consumers, dealers, distributors, ... Read News

(UNAUDITED) - KAISER GROUP HOLDINGS, INC.
Prepaid expenses and other current assets 85 76 Income taxes receivable 660 5,371 Total Changes in operating assets and liabilities: Prepaid expenses and other current assets (9) 77 Income taxes receivable 4,711 (394) ... Doc Viewer

13 Financial Statement - PlantIt Webs Hosting
The current ratio presents the number of dollars of current assets to each dollar of current liabilities. Inventories – Prepaid expenses) ÷ Current liabilities = $254,000 ÷ $166,000 = 1.53:1. Problem 13-21B (continued) d. Net sales ÷ Average accounts receivable ... Doc Retrieval

Accounting 1: Program #12 - "Adjusting Journal Entries" - YouTube
5:23 Adjusting Entries for Prepaid Expenses (Financial Accounting Series) by iNinjaNotes Featured 1,218; 50:53 Accounting 1: Program #37 - "Current Liabilities" by JCCCvideo 1,162 views; 25:36 Accounting 1: Program #39 - "Class Conclusion" by JCCCvideo 769 views; 50:10 Accounting 1: Program #32 ... View Video

Cash Flow Statement & Balance Sheet Guide
Receivable, prepaid expenses, inventory, and other miscellaneous current assets. Current Liabilities are liabilities (obligations) that are expected to require the use of current assets or creation of additional current liabilities. ... Retrieve Doc

Deferred Tax - Wikipedia, The Free Encyclopedia
Deferred tax liabilities generally arise where tax relief is provided in advance of an accounting expense, Current events; Random article; Donate to Wikipedia; Interaction. Help; About Wikipedia; Community portal; Recent changes; Contact Wikipedia; Toolbox. ... Read Article

4370.2 REV-1 APPENDIX 4
PREPAID EXPENSES ASSETS . 1240 Prepaid Property and Liability Insurance $_____ 1250 Prepaid Mortgage Insurance Total Current Liabilities $_____ DEPOSITS LIABILITIES 2191 Tenant Security ... Read Document

Connect Accounting: Franklin University - YouTube
41:01 Accounting 1: Program #38 - "Current Liabilities" by JCCCvideo 1,514 views; 5:23 Adjusting Entries for Prepaid Expenses (Financial Accounting Series) by iNinjaNotes 1,519 views; 1:42 Accounting : Duties of an Accountant by eHow 3,548 views; ... View Video

Personal Financial Statement - Nebraska.gov
Current Assets Current Liabilities Cash Accounts Payable (Sch F) Accounts & Notes Receivable Short-Term Notes (Sch G) Inventory Credit Card Debt (Sch H) Liquid Investments (Sch A) Interest Payable Prepaid Expenses Taxes Payable Other Current Assets Other Current Liabilities ... Get Doc

ACCOUNTING RATIOS - OoCities - Geocities Archive / Geocities ...
Quick assets = Current assets less closing stock and prepaid expenses. Current liabilities for the purpose of quick ratio- Current liabilities less bank overdraft. Net sales = Cash sales plus credit sales minus sales returns. ... Fetch Content

Prepaid Expenses And Other Current Assets
By their very nature, Prepaid Expenses are a small part of the balance sheet. Current Assets; Current Liabilities; More Investing Lessons. Balance Sheet Analysis; Income Statement Analysis; Related Articles. Prepaid Expenses - Balance Sheet Analysis; ... Read Article

Chapter 3 The Balance Sheet And Financial Disclosures ...
— Prepaid expenses Question 3-4 Current liabilities are those obligations that are expected to be satisfied through the use of current Total current liabilities - Notes payable and short-term debt - Accrued liabilities - Other current ... Get Content Here

Chapter 3
Adjusting entries for accruals are required to record revenues earned and expenses incurred in the current period. A liability-expense account relationship exists. Prior to adjustment, liabilities and expenses are PREPAID EXPENSES Prepaid expenses are expenses paid in cash and recorded ... Fetch This Document

Business Planning Guide
Prepaid expenses TOTAL INTANGIBLE ASSETS TOTAL ASSETS Liabilities Current liabilities Short-term bank debt Accounts payable Income taxes payable Long-term debt due within 1 year Long-term liabilities Long-term debt Other ... Read Document

12.2 Prepaid Expenses
Financial assets are assets that could be used to discharge existing liabilities or finance The amount relating to the current period should be expensed in that period. Common prepaid expenses include fees paid for a specified period of time extending ... Read Content

Balance Sheet ASSETS I. CURRENT ASSETS A. B. - ISMMMO
I. CURRENT ASSETS A. Liquid Assets: 1. Cash. 2. Cheques received. 3. G. Prepaid Expenses an d Income Accruals: 1. Prepaid expenses. 2. Income accruals. H. G. Provisions for Liabilities and Expenses: 1. ... Return Doc

Maine Health Data Organization Hospital Financial Data ...
Other Current Assets All other current assets not already identified, including prepaid expenses and deposits. Page 2 of 6. Other Non-current Liabilities All other non-current liabilities includin g amounts due to restricted funds, notes payable ... Retrieve Full Source

KAISER GROUP HOLDINGS, INC. AND SUBSIDIARIES
Prepaid expenses and other current assets (149) (89) Accounts payable and accrued expenses (987) (10) Other allocable to the Rocky Flats contract and for liabilities and expenses incidental to these liabilities, including litigation costs, ... Doc Viewer