Q9. A company's liquidity refers to its: A Abuilty to collect accouats recrivable B Atility to sell wesentary efficimaly O. Ability io zenerale peotits trice cperationa D. Ability to pay currently maturing debts QUES TION 10 Q10. Which of the following best describes acerued liabilites? A Long term iabilines 8. Cament amounts owed to supoters of invertory C. Cuerent laboties to ber lecogniked as revenue in a future period. D Current amounts owed, tut not pad, to ciedtors at the end of the accounting penod QUESTION 11 Q11. Coriss Copporabon, a landscaping conyany, bought a bulding for $390,000 cash. The compary pad real estate commission costs of $15,000. Renovation costs on the bulding were $20,000. The renovaled bubling served as a g cenhouse. Heating bil for the year wis $8,000. The recorded acquasition cost of the bulding is: \begin{tabular}{|l} A 5320,000 \\ B 5395,000 \\ C 5355,000 \\ \hline$305,000 \\ \hline \end{tabular}