The first current liability listed in Exhibit 1 is . These are the opposite of Accounts Receivable;

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The first current liability listed in Exhibit 1 is

. These are the opposite of Accounts Receivable; that is, they are amounts that [the company owes to its suppliers / are owed to the company by its customers].

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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