menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 5: Presentation of Financial Position and the Worksheet
  5. Question
    Amounts Owed by a Business Enterprise to External Parties Are
Solved

Amounts Owed by a Business Enterprise to External Parties Are

Question 73

Question 73

Multiple Choice

Amounts owed by a business enterprise to external parties are described as:


A) assets.
B) liabilities.
C) equities.
D) revenue.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: The Club of Winston Churchill has the

Q68: A mortgage payable that had only 12

Q69: At 30 June 2014, the non-current asset

Q70: The most liquid type of asset is:<br>A)

Q71: When a liability is paid, which of

Q72: A major difference between current and non-current

Q74: A balance sheet provides information on the

Q75: On 31 May, after many months of

Q76: Which of the following equations is correct?<br>A)

Q77: Blanche started a business by contributing $24

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines