The current liability section of the balance sheet should include:
A) buildings
B) goodwill
C) land held for speculation purposes
D) accounts payable
E) none of the answers are correct

Name: The current liability section of the balance sheet should include: A) buildings B) goodwill C) land held for speculation purposes D) accounts payable E) none of the answers are correct
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Question

Quizplus · Accepted Answer

Accounts payable is a current liability, representing amounts owed to suppliers for goods and services received.

The Current Liability Section of the Balance Sheet Should Include