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    Entrepreneurial Small Business
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    Exam 12: Small Business Accounting: Projecting and Evaluating Performance
  5. Question
    Legal Obligations to Give Up Things of Value in the Future
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Legal Obligations to Give Up Things of Value in the Future

Question 23

Question 23

Multiple Choice

Legal obligations to give up things of value in the future are known as _____.


A) assets
B) borrowings
C) liabilities
D) owners' equity

Correct Answer:

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