Do you include accrued liabilities when figuring the liabilities for getting your quick ratio and or acid-test ratio:confused:

I know I include accounts payable, income tax payable, notes payable(short-term) for my liabilities

For my assets I include accounts receivable, cash, marketable securities, prepaid expenses, but not inventory

Thank you

What do you mean by Accrued Liabilities?

Such as at the end of the year, I accrued a liability to pay my employee's their salary? If that is the case, then YES, you do include them since they are part of CURRENT LIABILITIES.

What do you mean by Accrued Liabilities?

Such as at the end of the year, I accrued a liability to pay my employee’s their salary? If that is the case, then YES, you do include them since they are part of CURRENT LIABILITIES.

I am not sure. It is just on a list from the balance sheet. I will have to dig deeper and find out.

Thank so much for your help
Very much appreciated.

fustrated

In that case, yes, you include Accrued Liabilities under current liabilities.

In that case, yes, you include Accrued Liabilities under current liabilities.

Thank you, for all your help
fustrated

You're welcome