Liabilities are classified on the balance sheet as current or long-term. accrued. unearned. deferred.

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Liabilities are classified on the balance sheet as current or

long-term.

accrued.

unearned.

deferred.

Related Book For answer-question

Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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Posted Date: Apr 11, 2022 05:38 PM

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Liabilities are classified on the balance sheet as current or long-term. accrued. unearned. deferred.

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A liability is something a person or company owes usually a sum of money Liabilities are settled over time through the transfer of economic benefits including money goods or services Recorded on the r... View the full answer

Financial Accounting an introduction to concepts, methods and uses

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