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    joyce.lynn's Avatar
    joyce.lynn Posts: 1, Reputation: 1
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    #1

    Mar 8, 2010, 12:08 PM
    Is land a current asset of current liabilities
    Which is current assets and which is curreent liabilities.
    Land, bonds payable, mortgage notes payable, equipment, short term investments, wage payable
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Mar 8, 2010, 05:28 PM

    land, = fixed asset
    bonds payable, = long term liability
    mortgage notes payable, = long term liability
    equipment,= fixed asset
    short term investments, = current asset

    wage payable = current liability
    miikam's Avatar
    miikam Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Oct 6, 2011, 04:00 PM
    Land= PP&E (no accum amort)
    Bonds Payable= long-term liabilities
    Mortgage Payable= long-term liab
    Equipment= PP&E (less accum amort)
    Short term investments= current asset
    Wage Payable= current liability
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