An Example of a Current Liability Is

question 6

Multiple Choice

An example of a current liability is:

• A) Retained earnings
• B) Accumulated depreciation
• C) Owner's equity
• D) Bank overdraft

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Definitions:

Digestive System

The group of organs responsible for breaking down food, absorbing nutrients, and eliminating waste.

Pancreatic Juices

Digestive fluids produced by the pancreas that contain enzymes to help break down carbohydrates, proteins, and fats.

Bile

A digestive fluid produced by the liver and stored in the gallbladder, involved in the digestion of fats.

Small Intestine

A long, coiled part of the digestive system where most of the digestion and absorption of nutrients occurs.