JessicaRufus JessicaRufus

21-04-2015
Business

Answered

Liabilities are the amounts of money due to others that need to be paid now. true or false

Verified Answer :

21-04-2015

This is false. The statement is only partially true.

In accounting/business, liabilities are all amounts owed to others, either now or in the future. This can be both money and other goods. So, I would say this is false.

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mavrickreed44 mavrickreed44

18-07-2018

I took the quiz its FALSE

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