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What are current liabilities?



A. Due and receivable within one year
B. Due and to be paid out of current assets within one year
C. Due, but not payable for more than one year
D. Payable if a possible subsequent event occurs

This question is part of accounting
Asked by Spoiledbrat, Last updated: Jan 18, 2020

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2 Answers

John Adney

Due, and receivable within one year
 

John Smith

John Smith

Answered Nov 03, 2016

1. Due and to be paid out of current assets within one year.

 

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