Classification
a Unamortized premium on bonds payable, of which $ will be amortized during the next year.
b Bank loans payable of a winery, due March The product requires aging for years before sale.
c Serial bonds payable, $ of which $ are due each July
d Amounts withheld from employees' wages for income taxes.
e Notes payable due January Operating cycle is greater than one year and current assets are used.
e Notes payable due January Otherwise
f Credit balances in customers' accounts arising from returns and allowances after collection in full of account.
g Bonds payable of $ maturing June
h Overdraft of $ in a bank account. No other balances are carried at this bank.
i Deposits made by customers who have ordered goods.
