ACC 422 Wk 4 Discussion – Liabilities

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

What differentiates a current liability from a long-term liability? Share at least two examples of each. What are the differences in accounting for these two types of liabilities?

Due Monday

Reply to at least two of your classmates. Be constructive and professional in your responses.