Solved

Which of the Following Is Not a Liability from Accounting

Question 36

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:

verifed

Verified

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

Related Questions