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Explain the relationship between liabilities and expenses. Provide five examples where they both increase at the same time (4 Marks). Why are some liabilities interest-bearing

Explain the relationship between liabilities and expenses. Provide five examples where they both increase at the same time (4 Marks). Why are some liabilities interest-bearing and others are not (3 Marks).

[Words Limit: Up to 100 Words]

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