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Commerce · Q2522

Accounting

Graduate and Post Graduate · Commerce · question 2522

Q2522

Acceptances, endorsements and obligations on behalf of a customer will be shown as . . . . . . . . in the balance sheet of a company.

A.
other asset
B.
other liability
C.
borrowings
D.
contingent liability
Answer

Answer: Option D

Solution

Answer: Option D
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