What are the main characteristics of liabilities

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Reference no: EM131819675

Question: 1. What are the three main characteristics of liabilities?

2. What is a current liability? Provide some examples of current liabilities.

3. How is sales tax recorded? Is it considered an expense of a business? Why or why not?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131819675

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