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4. Which of the following is a liability? a. Machinery b. Creditors for goods C. Motor Vehicles d. Cash at Bank​
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4. Which of the following is a liability?

a. Machinery
b. Creditors for goods
C. Motor Vehicles
d. Cash at Bank​

User Manoj Kumar Singh
by
5.0k points

2 Answers

7 votes

Answer:

Answer is B

Step-by-step explanation:

Products bought using a loan creates lenders in the books of record. Various leasers are viewed as current liability.

User Erich Peterson
by
5.4k points
2 votes

Answer:

Maybe C.

Step-by-step explanation:

User KrazyGautam
by
4.5k points
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