Current and Non-Current Liabilities
22 resources created by 19 users
This Current and Non-Current Liabilities page gathers community-made quizzes, mind maps, flashcards and notes on liability classification, payables and accrued liabilities. It is for university students studying these topics and teachers looking for material to use with students. There are over 20 resources, with a small set of quizzes and mind maps, and the material is largely at university level. Pick a resource and use it to start exploring the topic.
Current and Non-Current Liabilities
Top Current and Non-Current Liabilities resources
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17 questionsFA chapter 9 quiz For the purpose of classifying liabilities as current or non-current, the term operating cycle refers to
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30 questionsACC 3000 Topic 3 ABC “Obligations to pay cash, transfer other assets, or provide services to someone else” – Which ONE of the te...
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57 questionsCh 1 Accounting
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21 questionsChap 10 - Current Liabilities and Payroll - JE & Calc
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19 questionsAccounting Ch.10 The time period for classifying a liability as current is one year or the operating cycle, whichever is:
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21 questionsCurrent Liabilities A liability is a current payment of assets or services a company owns.
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29 cardsCh 7 Accounting Flash Cards Accrued Liabilities definition
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24 questionsChapter 10 - Current Liabilities and Payroll - Concepts Notes may be issued
Quizzes
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17 questionsFA chapter 9 quiz For the purpose of classifying liabilities as current or non-current, the term operating cycle refers to
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30 questionsACC 3000 Topic 3 ABC “Obligations to pay cash, transfer other assets, or provide services to someone else” – Which ONE of the te...
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57 questionsCh 1 Accounting
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21 questionsChap 10 - Current Liabilities and Payroll - JE & Calc
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19 questionsAccounting Ch.10 The time period for classifying a liability as current is one year or the operating cycle, whichever is:
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21 questionsCurrent Liabilities A liability is a current payment of assets or services a company owns.
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24 questionsChapter 10 - Current Liabilities and Payroll - Concepts Notes may be issued
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19 questionsChapter 10 Liabilities are classified on the balance sheet as current or
Mind maps
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18 nodesCapítulo 14: Non Current Liabilities BONDS PAYABLE · LONG-TERM NOTES PAYABLE · SPECIAL NOTES PAYABLE · MORTGAGE NOTES PAYABLE
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46 nodesNon-current Liabilities Bonds Payable · Long-term notes payable · Special issues
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15 nodesCapitulo 14. Pasivos no circulantes Consist of an expecte...
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14 nodesPayables and Accrued Liabilities Definition of Liability · Types of Liabilities
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17 nodesWATCH wendy Obligation · Liquidity in a company · Payable within one year · Accounts payable · Sales Taxes Payable · Usage in Ratios
Flashcards
Flowcharts
Notes
More Liabilities topics
About Current and Non-Current Liabilities
GoConqr OriginalStart with the key terms
The flashcard deck Liabilities is a starting point for current liabilities. It covers accounts payable, notes payable, accrued liabilities and the current portion of long-term debts. Work through the terms, then return to any cards you find difficult. Another flashcard deck covers accrued and contingent liabilities, including the financial statement effects of not accruing a liability.
See how the ideas fit together
The Payables and Accrued Liabilities mind map sets out a definition of a liability and types of liabilities. Use it alongside the flashcards to connect individual terms with the wider picture. The Non-current Liabilities mind map covers bonds payable, long-term notes payable and special issues. Look at both maps to compare the areas each one covers.
Check your understanding with quizzes
The chapter quiz on liability classification asks about the operating cycle and the effect of failing to accrue interest expense. Other chapter quizzes ask about the time period used to classify a liability as current and when a current liability is expected to be paid. After taking a quiz, return to the relevant map or flashcards and review the terms behind any questions you found difficult.
Use the resources within the unit
Current and Non-Current Liabilities is a section of the Liabilities unit in Accounting and auditing. The resources offer different ways to study that section: maps for connections, flashcards for terms and quizzes for questions on classification. They were made by GoConqr users, so their approaches and coverage vary. Explore the section and choose the resources that suit your study plan.
Frequently asked questions
Which resource is a good place to start?
The Liabilities flashcard deck is a useful starting point for terms such as accounts payable, notes payable and accrued liabilities. Follow it with the Payables and Accrued Liabilities mind map to see a definition of liability and types of liabilities. A chapter quiz on classification can then help you check how you handle questions about current liabilities.
What do the mind maps cover?
The Payables and Accrued Liabilities mind map covers a definition of liability and types of liabilities. The Non-current Liabilities mind map covers bonds payable, long-term notes payable and special issues. Together, they offer ways to organize ideas from this section before or after working through the flashcards and quizzes.
Are these resources free to use?
Yes. Every resource listed on this page is free to open, study and take without an account. A free account also lets you save quiz scores and make your own quizzes, mind maps, flashcards and notes. The listed resources were made by GoConqr users, not by GoConqr.
Who are these resources for?
The resources are largely at university level. University students can use them to study liability classification, payables and accrued liabilities, while teachers can use them as material for those topics. The page offers different formats, including quizzes, mind maps and flashcards, so you can choose a way to work with the material.