Consider three different businesses 1 A bank 2 A magazine publisher 3 Consider three different…

Consider three different businesses 1 A bank 2 A magazine publisher 3
Consider three different businesses:

1. A bank

2. A magazine publisher

3. A department store

For each business, list all of its liabilities – both current and long-term. Then compare the three lists to identify the liabilities that the three businesses have in common. Also identify the liabilities that are unique to each type of business.

Consider three different businesses 1 A bank 2 A magazine publisher 3

 

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