Which of the following is NOT an example of a liability?
A) Provisions for employee entitlements
B) Share capital
C) Accounts payable
D) Loans

Name: Which of the following is NOT an example of a liability? A) Provisions for employee entitlements B) Share capital C) Accounts payable D) Loans
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Question

Quizplus · Accepted Answer

Share capital is a form of equity, not a liability. Liabilities are obligations that a company owes to others, such as provisions for employee entitlements, accounts payable, and loans.

Which of the Following Is NOT an Example of a Liability