Business, 10.03.2020 01:00 afolmar2006

Liabilities are a. any accounts having credit balances after closing entries are made. b. deferred credits that are recognized and measured in conformity with generally accepted accounting principles. c. obligations to transfer ownership shares to other entities in the future. d. obligations arising from past transactions and payable in assets or services in the future.

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Liabilities are a. any accounts having credit balances after closing entries are made. b. deferred c...