Lecture Accounting: What the numbers mean (2/e) - Chapter 6: Accounting for presentation of liabilities and owners’ equity
Lecture Accounting: What the numbers mean (2/e) - Chapter 6: Accounting for presentation of liabilities and owners’ equity
After completing this unit, you should be able to: Explain what are current liabilities? explain the difference between interest calculated on a straight basis and interest calculated on a discount basis, explain the concept of unearned income, explain the employer’s liability for payroll taxes, GST and superannuation contributions,...