1. An example of financial liabilities is (a) Income tax payable (b) Unearned revenues (c) Bank borrowings (d) Salaries payable (e) None of these 2. An example of a current liability is (a) Bank loan...

1. An example of financial liabilities is (a) Income tax payable (b) Unearned revenues (c) Bank borrowings (d) Salaries payable (e) None of these

2. An example of a current liability is (a) Bank loan or borrowing (long-term portion) (b) Unearned revenues (c) Share capital (d) Retained earnings (e) None of these

May 26, 2022

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1. An example of financial liabilities is (a) Income tax payable (b) Unearned revenues (c) Bank borrowings (d) Salaries payable (e) None of these 2. An example of a current liability is (a) Bank loan...

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