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    Accounting Study Set 1
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    Exam 11: Current Liabilities and Payroll
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    Current Liabilities Must Be Paid Either in Cash or with Goods
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Current Liabilities Must Be Paid Either in Cash or with Goods

Question 97

Question 97

True/False

Current liabilities must be paid either in cash or with goods and services within one year or within the entity's operating cycle,if the cycle is longer than a year.

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