Answered

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An account with which of the following words is
always a liability?
asset
receivable
payable

Sagot :

Final answer:

Liabilities in business include accounts payable, accrued expenses, and payable, all representing money owed by a company.


Explanation:

Liabilities are obligations a company owes. Accounts payable, accrued expenses, and payable are examples of liabilities always impacting a balance sheet negatively. They represent money owed to others and are considered debts of the organization.


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