An Account Which Would Be Classified as a Current Liability

question 49

Multiple Choice

An account which would be classified as a current liability is

• A)dividends payable in the company's stock.
• B)accounts payable-debit balances.
• C)losses expected to be incurred within the next twelve months in excess of the company's insurance coverage.
• D)none of these.

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Individuals who receive monetary compensation for their labor or services in various employment or contractual arrangements.

Employed Category

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