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Which of the following is an example of business liability?

A. Land

B. Building

C. Cash

D. Creditors

Answer: Option D

Solution(By Examveda Team)

Creditors is an example of business liability. A liability is defined as a company's legal financial debts or obligations that arise during the course of business operations.

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Comments ( 1 )

  1. Tejas Survase
    Tejas Survase :
    2 years ago

    Opening stock is

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