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A present obligation of the * * * 1 point entity arising from past events, the settlement of which is expected to result in an
A present obligation of the point entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits' is the definition of: liability equity income expense 
A present obligation of the
point
entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits' is the definition of:
liability
equity
income
expense
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Japanese Management Accounting Today Japanese Management And International Studies Volume 2
Authors: Masanobu Kosuga, Yasuhiro Monden, Shufuku Hiraoka, Yoshiyuki Nagasaka, Noriko Hoshi
1st Edition
9812700811, 978-9812700810
