ACC 291T Week 5 Discussion | eBooks | Education

ACC 291T Week 5 Discussion

ACC 291T Week 5 Discussion PLDZ-10322
In Stock
$ 3.00 USD
Buy and Download   > Description

 

 

 

***************************************************************

Click Here To Download Your Files :  >>{    Download Link   }<<

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You can buy more tutorials at a more favorable price from the below link.

Click Here To Buy

***************************************************************

 

  ---------------------------------------------------------------------------------------------------------

ACC 291T Week 5 Discussion

 

Review the Discussion FAQs Module.

Respond to the following:

It is standard accounting procedure, or a generally accepted accounting principle (GAAP), to make a journal entry to remove the current year’s principle from the long-term liabilities. This entry reduces the long-term liabilities and increases the current liabilities.

Your company has a bank loan that requires a current ratio of 1.5 times. The owner has asked you, the bookkeeper, not to make the adjusting entry that would take the current portion from the long-term liabilities. If you make the adjusting entry, the company’s loan will need to be repaid immediately (or the loan called). What should you do?

*************************************************************** Click Here To Download Your Files : { Download Link } ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can buy more tutorials at a more favorable price from the below link.
Recent Reviews Write a Review
0 0 0 0 reviews