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11 - Presentation Deck - ACC 211 PRINCIPLES OF ACCOUNTING...

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ACC 211: PRINCIPLES OF ACCOUNTING CHAPTER 11: Current Liabilities and Payroll Accounting PRESENTATION DECK Prepared by: Jill Mitchell, Assistant Professor, NOVA Reference: Weygandt, Jerry, Kieso, and Kimmel. Accounting Principles . 9th edition. USA: John Wiley & Sons, Inc., 2009. Unless noted, illustrations are from the referenced text.
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Chapter 11-2 1.1 Define current liabilities 1.2 Describe and account for notes payable 1.3 Know how to account for sales tax payable Chapter 11: Current Liabilities and Payroll Accounting Course Competencies 2. Contingent Liabilities 1. Accounting for Current Liabilities 2.1 Describe the accounting and disclosure requirements for contingent liabilities
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