menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 1: Introduction to Financial Accounting
  5. Question
    Which of the Following Is NOT an Example of a Liability
Solved

Which of the Following Is NOT an Example of a Liability

Question 12

Question 12

Multiple Choice

Which of the following is NOT an example of a liability?


A) provisions for long service leave
B) share capital
C) accounts payable
D) loan payable.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: Which of the following is NOT shown

Q8: Which of the following statements about financial

Q9: Which of the following organisations may not

Q10: Financial statements are prepared on the premise

Q13: The owner withdraws inventory for his own

Q14: Which of the following is NOT a

Q15: Use the information given below to

Q17: A financial statement:<br>A) summarises the measurements of

Q26: Does measuring economic performance involve: (i)estimates; (ii)adjustments;and/or

Q34: Financial statements provide useful information for shareholders

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