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Question 10 Not yet answered Marked out of 0.50 P Flag question A person to whom a firm owes money is called debtor. Select one:

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Question 10 Not yet answered Marked out of 0.50 P Flag question A person to whom a firm owes money is called debtor. Select one: O True O False Question 11 Not yet answered Marked out of 0.50 P Flag question Balance sheet represents an expansion of the equation. Select one: True False Question 12 Not yet answered Marked out of 0.50 P Flag question The 'current liability' is used to denote those liabilities which are payable after a year. Select one: True False

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