Question: . Current liabilities normally are recorded at their A. Present value. B. Cost C. Maturity amount. D. Expected value. the: A. Face rate. B. Contract

. Current liabilities normally are recorded at their A. Present value.

. Current liabilities normally are recorded at their A. Present value. B. Cost C. Maturity amount. D. Expected value. the: A. Face rate. B. Contract rate. C. Effective rate. D. Stated rate. 3. When a deposit on returnable containers is forfeite d, the firm holding the deposit will experience A. A decrease in cost of goods sold. B. An increase in current liabilities. C. An increase in accounts receivable D. An increase in revenue

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