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  2. Topic
    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 5: Recording, Storing and Reporting Accounting Information
  5. Question
    The Liability ____________ _____________ Is the Obligation of a Business
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The Liability ____________ _____________ Is the Obligation of a Business

Question 13

Question 13

Short Answer

The liability ____________ _____________ is the obligation of a business to provide goods or services in the future, resulting from an advance receipt of cash.

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