Which of the following items can be found on a firm’s balance sheet under current liabilities?...

Which of the following items can be found on a firm’s balance sheet under current liabilities? Accounts receivable. Depreciation. Accounts payable. Cash. Marketable securities.

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Expert Solution

The correct option is Accounts payable.

Accounts receivable;cash and marketable securities are current assets while depreciation is reduces from gross fixed assets to show the net fixed assets in the balance sheet.AP is current liability that has to be paid within 12 months .

jeff jeffy answered 1 year ago

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