Resources consumed but to be paid for within the next accounting period are classified in...

Accounts - Principles of Accounts

WAEC 2005

Resources consumed but to be paid for within the next accounting period are classified in the balance sheet as

A. current liabilities
B. current assets
C. long-term liabilities
D. capital

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Correct Answer: Option A

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Resources consumed but to be paid for within the next accounting period are classified in...

Correct Answer: Option A

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