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Liabilities are classified on the balance sheet as current or long-term. accrued. unearned. deferred.
Liabilities are classified on the balance sheet as current or
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A liability is something a person or company owes usually a sum of money Liabilities are settled over time through the transfer of economic benefits including money goods or services Recorded on the r...
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
