Match the words with the term.
-current liability
A) share capital
B) inventories
C) taxes payable
D) land
E) trademark

Name: Match the words with the term. -current liability A) share capital B) inventories C) taxes payable D) land E) trademark
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Question

Quizplus · Accepted Answer

Current liabilities are financial obligations of a business entity that are due and payable within a year. Taxes payable fall under this category as they represent amounts owed to government entities that must be settled within the next accounting period.

Match the Words with the Term