Liability are arisen from which of the following events? A. Present event B. Future event C. Past event D. None of them Right Answer: Past event Share : January 9, 2018 Asghar Khan Accounting Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -Which of the following items should not be capitalized relating to fixed assets?In accounting an Economic event is referred to as?Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?