Consider three different businesses: 1. A bank 2. A magazine publisher 3. A department store For each

Question:

Consider three different businesses:
1. A bank
2. A magazine publisher
3. A department store
For each business, list all of its liabilities - both current and long-term. Then compare the three lists to identify the liabilities that the three businesses have in common. Also identify the liabilities that are unique to each type of business.