To be classified as a current liability

To be classified as a current liability - b by creating...

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To be classified as a current liability, a debt must be expected to be paid: a. out of existing current assets.
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Unformatted text preview: b. by creating other current liabilities. c. within 2 years. d. both (a) and (b)....
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This note was uploaded on 01/04/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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