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Liabilities are the amounts of money due to others that need to be paid now.True or False
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3 votes
Liabilities are the amounts of money due to others that need to be paid now.True or False

User Kayahr
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2 Answers

3 votes
The answer to your answer is true
User Sroebuck
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6.7k points
5 votes

Answer:

True

A liability is defined as somehing that a person or a company owes someone else.

User Badda
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