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  3. dear student, you have the three following situati

Dear student, you have the three following situations, and...

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Accounting

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Dear student, you have the three following situations, and you are required to indicate for each situation the amount that should be recorded as current liability and non-current liability if any : Note: please show calculations The amount of current The amount of non- liability current liability 1. On the 20 of Dec 2019, Lannister company declared a cash dividends of 28 per share for the shareholder on Dec 31, the dividends are payable on the 15h of January 2020, Lannister company have issued 1,000,000 shares of which 50,000 are held in treasury 2. At year end Dec 31 bond, payable of 100,000,000 are outstanding, The bond pay 8% interest every September 30 (calculated on the amount outstanding) and mature in installments of 25,000,000 every September 30, beginning September 30,2020. 3. At the end of 2018, customer subscription received in advance were 12,000,000. During 2019, the company collected additional 30,000,000 of advance subscriptions; during the year 25,000,000 represent performance obligation which have been satisfied. All advance will be satisfied in the following year

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