Question: Which items would be classified as liabilities? a. account payable, additional paid in capital, pension liabilities b. common stock, retained earnings, bonds payable c. commitments
Which items would be classified as liabilities?
a. account payable, additional paid in capital, pension liabilities
b. common stock, retained earnings, bonds payable
c. commitments and contingencies, obligations under leases, notes payables
d. deferred taxes, accrued expenses, treasury stock
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