Accountancy, asked by Swapnanil3297, 1 year ago

Obligations (amounts owed) are reported on the balance sheet and are referred to as

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Answered by MiSSiLLuSioN
1
Hola dear ☺

=> Obligations (amounts owed) are reported on the balance sheet and are referred to as _____.

ANSWER⤵

liabilities ✔✔

Obligations (amounts owed) are reported on the balance sheet and are referred to as liabilities.

Hope it helps ✌
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