Question: Current liabilities fall into two categories, which are referred to as OA. liabilities of a known amount and contingent liabilities OB. contra liabilities and contingent

Current liabilities fall into two categories, which are referred to as OA. liabilities of a known amount and contingent liabilities OB. contra liabilities and contingent liabilities OC. liabilities of a known amount and liabilities whose amount must be estimated OD. contingent liabilities and non contingent liabilities

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