Corporate Accounting MCQ: Acceptances, endorsements and obligations on behalf of a customer will be shown as ----- in the balance sheet of a company.

Acceptances, endorsements and obligations on behalf of a customer will be shown as ----- in the balance sheet of a company.

Correct Answer: contingent liability

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Corporate Accounting MCQ: Acceptances, endorsements and obligations on behalf of a customer will be shown as ----- in the balance sheet of a company. | Extra Education