This document provides guidance for a class session on current and long term liabilities. It lists learning objectives around estimating liabilities, commitments, and amortizing long term loans. It then provides 7 exercises from the Meigs & Meigs 9th Edition accounting textbook, chapter 11, with question numbers and page references for students to complete as part of the session.
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Class Exercise
This document provides guidance for a class session on current and long term liabilities. It lists learning objectives around estimating liabilities, commitments, and amortizing long term loans. It then provides 7 exercises from the Meigs & Meigs 9th Edition accounting textbook, chapter 11, with question numbers and page references for students to complete as part of the session.