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

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Project 1. 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.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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