ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jonah is writing down his liabilities to complete his Statement of Financial Position. The item he should include would be:
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the market value of his car.
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the value of his retirement account.
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the combined total of his savings and checking accounts.
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the balance on his credit card.
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Explanation:
Detailed explanation-1: -Which would most likely be considered a contractual expense? Jonah is writing down his liabilities to complete his Statement of Financial Position. The item he should include would be: the balance on his credit card.
There is 1 question to complete.