Types of liabilities essay

Anonymous
timer Asked: Feb 2nd, 2019
account_balance_wallet $15

Question Description

Instructions

In this unit, you examine different types of liabilities. For this assignment, compose an essay that answers the following questions:

What are three main characteristics of liabilities, and why is it important to classify liabilities into short-term and long-term? Include examples of short and long-term liabilities in your response.

Your essay must be at least one page in length. Be sure to include an introduction that gives the purpose of your essay and engages the reader. You must use at least your textbook as a reference, but you may use other resources as needed. Any information from a resource must be cited and referenced in APA style, and your essay should be formatted in accordance with APA guidelines.


  • Textbook:Miller-Nobles, T., Mattison, B., & Matsumura, E. M. (2016). Horngren's accounting (11th ed.). Boston, MA: Pearson.

Tutor Answer

Chucks574
School: Carnegie Mellon University

Thank you so much

Running head: LIABILITIES

1

LIABILITIES:
Name:
Institution affiliation:
Date:

LIABILITIES

2

Introduction
Liabilities may be defined simply as any existing obligations that a given enterprise
intends to meet at some point in the future. These obligations are as a result of either managerial
or legal considerations and they tend to impose restrictions on the way assets are utilized by
enterprises. Liabilities usually require a company to provide goods or services in the future or to
pay back the money the...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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