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ACC 400 Week 2 DQ 1

ACC 400 Week 2 DQ 1

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ACC 400 Week 2 DQ 1

What is a current liability? What is a noncurrent liability? What is the difference between the two types of liabilities? In which financial statement would you find these liabilities?  Can you have a liability that is both current and noncurrent?  Explain.

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