Identify the Current Liability

question 26

Multiple Choice

Identify the current liability.

• A)Wages owing.
• B)Loan from B Buy (due in 4 months).
• C)Bill payable (due in 2 years).
• D)Both A and B.

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Definitions:

Sebaceous

Relating to or denoting glands in the skin that secrete sebum into hair follicles.

Mammary

Pertaining to the mammary glands, which are the milk-producing glands located in the breasts of female mammals.

Cochlea

A spiral-shaped cavity in the inner ear that plays a crucial role in the sense of hearing by converting sound vibrations into neural signals.

Semicircular Canals

Structures within the inner ear vital for maintaining balance and equilibrium, detecting rotational movements of the head.