Liabilities of a Company Would Not Include

question 136

Multiple Choice

Liabilities of a company would not include

• A)notes payable.
• B)accounts payable.
• C)salaries and wages payable.
• D)cash.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries.

Imports

Imports are goods or services brought into one country from another for sale, usually regulated by the government with tariffs, quotas, or trade agreements.

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or production.

Sellers

Individuals or entities that offer goods or services in exchange for compensation.