The Following Is a Partial List of Account Balances for Coen

question 125

Essay

The following is a partial list of account balances for Coen, Inc. as of December 31, 2016 Required:
Prepare the liabilities section of Coen Inc.'s classified balance sheet for December 31, 2016.

---

Definitions:

Entity

Any person, place, thing, or event of interest to a user.

Attribute

A quality or feature regarded as a characteristic or inherent part of someone or something.

Database

A collection of related files or tables containing data.

Data Hierarchy

A systematic organization of data often in a hierarchical form ranging from bits and bytes up to databases.