Classification of Liabilities & Preparation of Balance Sheet
Cyclone Inc. reports the following liabilities on the Jan 31, 2007 balance sheet and notes to the financial statements: Accounts payable 3263.9 Notes payable-long term 5746.7 Accrued pension liab. 1215.2 Operating leases 1641.7 Accrued liability 1258.1 Loans payable-long ter