A company's balance sheet:
A)is dated for a period of time.
B)has three main categories of assets.
C)has two main categories of liabilities.
D)lists liabilities before assets.

Name: A company's balance sheet: A)is dated for a period of time. B)has three main categories of assets. C)has two main categories of liabilities. D)lists liabilities before assets.
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Question

Quizplus · Accepted Answer

Liabilities have two categories of current and long-term liabilities.

A Company's Balance Sheet