Current and Noncurrent Assets and Liabilities

This assignment gives you practice determining whether an asset or liability should be classified as a Current Asset, Current Liability, Long-Term (Noncurrent) Asset or Long-Term (Noncurrent) Liability

Relevant Excel Functions

This assignment will require you to be able to use some or all of the following Excel functions. Click on the hyperlinked section number next to the relevant Excel skill to be directed to a page showing how to perform the assigned task in Excel:

• Drop-Down Lists (1.10)

• Conditional Formatting (1.6)