Business, 06.04.2021 14:00 Playboycxm

1,1. What is a Fixed Asset Register. Explain how this document assists management in keeping internal control over fixed assets. (4)

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The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?

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1,1. What is a Fixed Asset Register. Explain how this document assists management in keeping intern...