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  2. Topic
    Business
  3. Study Set
    Accounting Understanding and Practice
  4. Exam
    Exam 1: The Statement of Financial Position Balance Sheetand What It Tells Us
  5. Question
    An Example of a Current Liability Is
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An Example of a Current Liability Is

Question 6

Question 6

Multiple Choice

An example of a current liability is:


A) Retained earnings
B) Accumulated depreciation
C) Owner's equity
D) Bank overdraft

Correct Answer:

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