AUDITING+ASSURANCE SERVICES (LL)
AUDITING+ASSURANCE SERVICES (LL)
11th Edition
ISBN: 9781266448119
Author: MESSIER
Publisher: MCG
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Chapter 11, Problem 11.9RQ
To determine

Concept Introduction:

Liabilities are obligations of the business which it need to pay in future. Liabilities can be categories into current or non current liabilities. A business would like to minimize its liabilities to show a better credit position.

To indicate: the process to identify the unrecorded liabilities.

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