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    Financial Accounting Information for Decisions Study Set 3
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    Exam 2: Financial Statements and the Accounting System
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    Identify the Account Below That Is Classified as a Liability
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Identify the Account Below That Is Classified as a Liability

Question 67

Question 67

Multiple Choice

Identify the account below that is classified as a liability account:


A) Cash
B) Accounts Payable
C) Salaries Expense
D) Common Stock
E) Equipment

Correct Answer:

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