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 -A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?Which of the following form of business organization is least regulated?Cash received from debtor is recorded in which of the following SPECIALIZED journals?