Which of the following best describes accrued liabilities? a. Long-term liabilities. b. Cunent amounts owed to suppliers

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Which of the following best describes accrued liabilities?

a. Long-term liabilities.

b. Cunent amounts owed to suppliers of inventory.

c. Current liabilities to be recognized as revenue in a future period.

d. Current amounts owed to various parties excluding suppliers of inventory.

(Appendix)

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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