ACCOUNTING 9 - Liabilities

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Uploaded by on Jan 23, 2012

In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.
Reference: Wikipedia


Author: Mário Attab
AvenidaCULT - The CULT channel
www.eplusa.org

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