Which of the following transactions would NOT be reported in the Liabilities section of the...
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Accounting
Which of the following transactions would NOT be reported in the Liabilities section of the balance sheet?
Accrual of $1,500 of interest on a note payable
All of these are liabilities.
Issuance of a $600,000, 8% bond that matures in five years.
$3,300 of sales taxes due to the government.
Declaration of $50,000 of stock dividends due to shareholders
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You can see the logs in the Dashboard.