What are the obligations or debts that a business must pay, Ask an Expert

Economics

What are the obligations or debts that a business must pay in cash or in goods and services at some future time because of past transactions or events called and how are they reported?

1. Dividends on the statement of retained earnings

2. Liabilities on the balance sheet

3. Stockholders' equity on the balance sheet

4. Assets on the balance sheet

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91711443

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