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What are three main characteristics of liabilities, and why is it important to classify liabilities into short-term and long-term? Include examples of short and long-term
What are three main characteristics of liabilities, and why is it important to classify liabilities into short-term and long-term? Include examples of short and long-term liabilities in your response. One page
Must use the Horngren's Accounting Eleventh Edition
Miller-Nobles, Mattison and Matsumura
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