Multiple Choice
Match each of the following terms pertaining to liabilities to their definitions.
-Accounts that will be satisfied within one year or the next operating cycle.
A) Current liability
B) Accounts payable
C) Notes payable
D) Discount on notes payable
E) Current maturities of long-term liabilities
F) Accrued liabilities
G) Contingent liability
H) Estimated liability
Correct Answer:

Verified
Correct Answer:
Verified
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