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Which of the following is a current liability in the final accounts?

Practice Questions

1 question
Q1
Which of the following is a current liability in the final accounts?
  1. Bank Loan
  2. Accounts Payable
  3. Capital Account
  4. Drawings

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a current liability in the final accounts?
Solution: Accounts Payable is considered a current liability in the final accounts.
Steps: 0

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