Contingent liabilities appear in the 1. Balance sheet2. Chairman's report 3. Share holders notice 4.Notes on account to balance sheet

Contingent liabilities typically appear in the Notes on accounts to the balance sheet. They're…

Answered: Contingent liabilities appear in the 1.…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter20: Corporations: Organization And Capital Stock

Section: Chapter Questions

Problem 4MC: Stock subscriptions receivable are listed as __________ on the balance sheet. (a) current...

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Contingent liabilities appear in the 1. Balance sheet 2. Chairman's report 3. Share holders notice 4. Notes on account to balance sheet