(Answered) : Question 7 1 Point Following Equation Form Long Term Liabilities Question 7 Options Cash M Q32990424

Question 7 (1 point)

Which of the following is the equation form of long-termliabilities?

Question 7 options:

cash + marketable securities + accounts receivable + prepaidexpenses + inventory

cash + marketable securities + accounts receivable – prepaidexpenses + inventory

investments + fixed assets – accumulated depreciation +intangible assets

notes payable + accounts payable + other items payable +dividends payable + the current portion of long-term debt

long-term debt + pension fund liabilities + long-term leaseobligations

Question 8 (1 point)

Which of the following is a drawback of using an accrualaccounting system?

Question 8 options:

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(Answered) : Question 7 1 Point Following Equation Form Long Term Liabilities Question 7 Options Cash M Q32990424

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