Answered

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2
3
4 5
6
7
which of the following is a type of liability?
A revenue stream
A liquid asset
Accounts payable
Accounts receivable
lease select the best answer from the choices provided
DA
OB
O C

Sagot :

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In the given list accounts payable is a current liability. Thus, the correct answer is C.

What is liability?

The legal debts incurred by a firm to third-party stakeholders are referred to as liabilities. Accounts payable, notes payable, and bank debt are examples of these types of liabilities.

Accounts payable is used to  indicate the money owing to suppliers for products or services that were purchased on credit.

Therefore, option C accounts payable is the correct answer.

Learn more about Liability, here:

https://brainly.com/question/15006644

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