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Liabilities are the amounts of money due to others that need to be paid now?

True or False?

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Liabilities are the amounts of money due to others that need to be paid now?

True or False?

Answer

False- Current liabilities are ones the company expects to settle within 12 months.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 18 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 138 views.

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