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disa [49]
3 years ago
14

Liabilities are the amounts of money due to others that need to be paid now. true or false

Business
2 answers:
poizon [28]3 years ago
8 0
This is false. The statement is only partially true. 

In accounting/business, liabilities are all amounts owed to others, either now or in the future. This can be both money and other goods. So, I would say this is false.
Dafna1 [17]3 years ago
6 0

I took the quiz its *FALSE*

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Answer:

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Explanation:

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December 31, 2021

Dr Depreciation expense 4,330

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