Each of the following may be shown on a supporting schedule instead of on the balance sheet except the

A) current maturities of long-term debt.
B) conversion privileges.
C) interest rates.
D) maturity dates.

Question

Morgan Jones · Accepted Answer

Final Answer : A, Explanation :  Current maturities of long-term debt are typically shown on the balance sheet itself under current liabilities, as they represent the portion of long-term debt that is due within the next year. Conversion privileges, interest rates, and maturity dates are details that are more likely to be found in the notes to the financial statements or supporting schedules rather than on the balance sheet itself.

Each of the following may be shown on a supporting schedule instead of on the balance sheet except the

A) current maturities of long-term debt.
B) conversion privileges.
C) interest rates.
D) maturity dates.

Definitions

Learning Objectives

Learning Objectives

Related questions

Each of the following may be shown on a supporting schedule instead of on the balance sheet except theA) current maturities of long-term debt.B) conversion privileges.C) interest rates.D) maturity dates.

Definitions

Learning Objectives

Learning Objectives

Related questions

Each of the following may be shown on a supporting schedule instead of on the balance sheet except the

A) current maturities of long-term debt.
B) conversion privileges.
C) interest rates.
D) maturity dates.