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DET635 – Balance Sheet: Reporting Liabilities

Course and Test $   90.00
Course and Test PDF $   70.00
Additional Hard Copy Test $   15.00
Additional Online Test $   15.00


SKU: DET635 Category:

NASBA Color logo-1 inch

CPE Credit Hours: 5

Field of Study: Accounting

Publication date: December 2021


A liability is a legal debt or obligation that arises during business operations. A current liability, such as accounts payable, is payable within one year. A noncurrent liability, such as bonds payable, long-term loan, and finance lease, is an obligation that is due in over a year.

This course discusses generally accepted accounting principles (GAAP) for reporting both current and noncurrent liabilities on the balance sheet.

More Information

This is a self-study CPE course.
Program Level: Basic
Prerequisites: Basic Accounting
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase