AA015 - CHAPTER 10

Financial Statement Presentation
of Liabilities

Warisan Nusantara Bhd
Statement of Financial Position
As at 31 December 2012 (partial)

Long-Term Liabilities XX
Long-Term Notes Payable XX
Mortgage Payable XX
Bonds Payable 6% XX
Bonds Payable 8% XXX
Total Long-Term Liabilities

Financial Statement Presentation
of Liabilities

Current Liabilities RM RM
Account Payable XX
Notes Payable XX
Warranty Liability XX
Accrued Expenses XX
Unearned Revenues XX XXX
Total Liabilities
XXX

SUMMARY

qLiabilities are item in Statement of
Financial Position.

qFormed by current liabilities and long-term
liabilities.

qCurrent liabilities would be paid off within
a year.

qLong-term liabilities would to be paid off
in more than a year.

Program Matrikulasi Satu Tahun Perakaunan