Question

explain how liability is being recognized in government entity.​

Answer 1

Answer:

67. Which of the following reactions are examples

of disproportionation reaction

PA + OH → PH3 + H2PO2

S+ OH- + S-2 + S202 + H2O

Cl2 + OH + Clo- + C103 + H2O

F2 + OH- + F + OF2 + H2O

Answer 2

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Liabilities are categorized as current or non-current depending on their temporality. They can include a future service owed to others; short- or long-term borrowing from banks, individuals, or other entities; or a previous transaction that has created an unsettled obligation.