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    Fundamental Accounting Principles Study Set 1
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    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 24

Question 24

Multiple Choice

Identify the account below that is classified as a liability in a company's chart of accounts:


A) Cash
B) Accounts Receivable
C) Supplies
D) Salaries Expense
E) Unearned Revenue

Correct Answer:

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