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11 Which of the following options is not part of the definition of a current liability? ed out of question Select one: O a. The
11 Which of the following options is not part of the definition of a current liability? ed out of question Select one: O a. The payment of a current liability will result in an inflow of economic resources O b. A current liability represents a current obligation O c. A current liability of an enterprise resulting from preceding events. d. The will be a payment involved in order to settle a current liability - 12 Which account when having a normal balance would be shown at the credit side of a trial balance? ed Select one: a. Cash account Hout of question b. Accrued expenses account c Bank account d. Equipment account
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