Which of the following is a primary type of transaction that can create liabilities for a company?
A. Purchasing inventory
B. Borrowing money
C. Selling purchased goods
D. Leasing assets
E. All of the above
Answer: E
Which of the following is a primary type of transaction that can create liabilities for a company?
A. Purchasing inventory
B. Borrowing money
C. Selling purchased goods
D. Leasing assets
E. All of the above