This document discusses various types of current and long-term liabilities, including accounts payable, notes payable, sales tax payable, income tax payable, dividends payable, unearned revenue, bonds payable, and mortgage payable. It defines accounts payable as a current liability from purchases made on credit where payment is due later, and notes that accounts payable are typically recorded using a general ledger, purchase journal, and cash payment journal.

1. Peserta No. 32
Winda Rizky Fatma Sari

2. 1 Account payable
2. Notes payable
3. Sales tax payable
4. Income tax payable
5. Dividends payable
6. Unearned revenue
1. Bonds payable
2. Mortgage payable
Liability
current
liability
long term
liability
other liability

3. Account payable is a list of current
liability from an individual or company
that happen as the result of purchasing
inventory or service by credit payment.

4. Purchase on credit is purchasing that
have received inventory or service
earlier than its payment.
For credit purchase, the supplier usually
offer various payment terms for an
invoice.

5. Book keeping of account payable
commonly using the general ledger or
A/P subsidiary ledger, purchase journal,
and cash payment journal.