Liabilities whose amounts must be estimated are disclosed in financial statements by
A)including details in the footnotes
B)describing the estimated liabilities among the liabilities on the balance sheet but not including the amounts in the liability totals
C)an appropriation of retained earnings
D)including the amounts in the liability totals

Question

Quizplus · Accepted Answer

The Answer of Liabilities whose amounts must be estimated are disclosed in financial statements by
A)including details in the footnotes
B)describing the estimated liabilities among the liabilities on the balance sheet but not including the amounts in the liability totals
C)an appropriation of retained earnings
D)including the amounts in the liability totals

Liabilities Whose Amounts Must Be Estimated Are Disclosed in Financial