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    Entrepreneurial Small Business Study Set 1
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    Exam 13: Small Business Accounting: Projecting and Evaluating Performance
  5. Question
    A(n)______ Is Something You Owe Someone Else
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A(n)______ Is Something You Owe Someone Else

Question 23

Question 23

Multiple Choice

A(n) ______ is something you owe someone else.


A) asset
B) liability
C) owners' equity
D) cash flow

Correct Answer:

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