Multiple Choice
Which of the following is not a liability from accounting purposes?
A) An amount which must be paid to a business that sold you some supplies
B) You promise to increase wages in the coming year by $1 per hour.
C) You borrow $100,000 to buy a new piece of equipment
D) Your workers have worked all week and you will pay them next Wednesday.
Correct Answer:

Verified
Correct Answer:
Verified
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