Use the definition of a liability to explain why taxes payable is a liability.

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:41 AM

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Use the definition of a liability to explain why taxes payable is a liability.

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Liabilities are present obligations arising from past transactions or economic events ...View the full answer

Financial Accounting A Critical Approach

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