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Liabilities and Equity by Larry M. Walther, Christopher J. Skousen
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Liabilities and Equity
by Larry M. Walther, Christopher J. Skousen
Publisher: BookBoon 2009
Number of pages: 77
This book introduces accounting for current liabilities, such as, notes payable, contingent liabilities, and employer responsibilities related to payroll. Long-term obligations are introduced relating to long-term notes, present and future values, annuities, and bonds. Contractual commitments and capital leases are also discussed. Accounting for corporate equity, common and preferred stock, cash and stock dividends, stock splits, treasury stock, and the statement of stockholders' equity are also presented.