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Briefly describe at least characters of liabilities

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Reference no: EM132771112

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Q1. Briefly describe at least 3 characters of liabilities?

Q2. Mention the types and subtypes of liabilities (at least 4) that you know, give examples of each!

Q3. When should a company buy an asset / for other monetary purposes using its liabilities?

Reference no: EM132771112

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