Classification of liabilities as current or non-current is not that important. The money is paid out eventually
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‘Classification of liabilities as current or non-current is not that important. The money is paid out eventually anyway, so what’s the big deal? Discuss.
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It is true that all liabilities require future sacrifices of economic resources Having no classifica...View the full answer
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Related Book For 
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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