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Balance Sheet Cheat Sheet Our materials are copyright AccountingCoach LLC and are for personal use by the original purchaser only. Copyright AccountingCoach. com. establishing the U.S. accounting standards is the Financial Accounting Standards Board or FASB pronounced faz-bee. Examples of liabilities include accounts payable loans payable accrued expenses payable customer deposits deferred revenues bonds payable etc. Liabilities are claims against a corporation s assets. Accumulated...
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