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Which of the following is an example of a current liability for a sole trader?

Practice Questions

1 question
Q1
Which of the following is an example of a current liability for a sole trader?
  1. Bank Loan
  2. Accounts Payable
  3. Capital Account
  4. Fixed Assets

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is an example of a current liability for a sole trader?
Solution: Accounts Payable is an example of a current liability for a sole trader.
Steps: 0

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