3. Partial balance sheet- total liabilities P 1,089,000 45,000 Accounts payable Advances to employees Unearned rent revenue 288,000 Estimated liability under warranties 258,000 Cash surrender value of officers' life insurance 75,000 Bonds payable 5,000,000 225,000 390,000 Discount on bonds payable Trademark Required: Prepare in good form the total liabilities section of the balance sheet, showing the current and non current liabilities

Q: advantages of financial accounting

A: Answer are as follows

Q: Describe in detail the characteristics of managerial accounting.

A: Solution Managerial accounting is that part of accounting that deals with quality of information. It…

Q: business manage

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: Comment about the importance of managerial accounting in the field of banking accountin

A: Banking accounting refers to the technical area of accounting that focuses on recording, assessing,…

Q: The importance of management accounting  and The role of Management Accountants

A: Management accounting is a branch of accounting that focuses on providing financial information to…

Q: How are accounting and business administration separate from one another?

A: Both accounting and administration are critical components of business operations. They are mutually…

Q: What is the distinction between accounting and business administration?

A: Here is the Answer

Q: Define strategy in accounting?

A: Strategic management accounting refers to the managing and analyzing finances of company which help…

Q: ow does financial and managerial accounting impacts in the business world?

A: Financial accounting is the process of preparing financial statements that businesses use to…

Q: Describe the difference between financial accounting and managerial accounting, highlighting their…

A: Financial Accounting: Financial accounting is a branch of accounting that focuses on the recording,…

Q: Who regulates financial accounting and who regulates managerial accounting

A: Financial accounting: Financial accounting is different from managerial accounting. Financial…

Q: a. What are the techniques that are commonly used in Management accounting?

A: Management Accounting :— Management Accounting are also known as cost accounting of Management…

Q: t it is

A: Management accounting is the process of preparing reports about business operations to assist…