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2 6 3 points What are the obligations or debts that a business must pay in cash or in goods and services at some future

26

3

points

What are the obligations or debts that a business must pay in cash or in goods and services at some future time because of past transactions or events called and how are they

reported?

Assets on the balance sheet

Stockholders' equity on the balance sheet

Dividends on the statement of retained earnings

Liabilities on the balance sheet

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