Published on February 1, 2016
For more course tutorials visit www.ashacc205.com Future Obligations Journal The current liability section of the balance sheet lists the liabilities that are due within the next 12 months. Reflecting on your current financial situation, apply the concept of current liabilities. What does this analysis tell you about your future obligations? What did you learn from this experience? Carefully review the Grading Rubric for the criteria that will be used to evaluate your journal entry.