Liabilities are generally classified on a balance sheet as - 14327

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Liabilities are generally classified on a balance sheet as

 

tangible liabilities and intangible liabilities.

 

 

current liabilities and long-term liabilities.

 

 

present liabilities and future liabilities.

 

 

small liabilities and large liabilities.

Solution Description

 

Liabilities are generally classified on a balance sheet as