[Answered] ____________________ are due within either one year or the normal operating cycle of the business, ...

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Author Question: ____________________ are due within either one year or the normal operating cycle of the business, ... (Read 95 times)

penguins

Hero Member
Posts: 903

on: Jul 5, 2018

___________________ _ are due within either one year or the normal operating cycle of the business, whichever is longer, and are to be paid out of current assets.
Fill in the blank(s) with correct word

Question 2

A sole proprietorship is a company with a single owner.

Indicate whether the statement is true or false

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potomatos

Sr. Member
Posts: 338

Reply #1 on: Jul 5, 2018

Answer to Question 1

Current liabilities

Answer to Question 2

TRUE

penguins

Member
Posts: 903

Reply 2 on: Jul 5, 2018

TYSM

scottmt

Member
Posts: 322

Reply 3 on: Yesterday

Great answer, keep it coming

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