Just give me the answer, no need to explain, thank you! ! !

Which of the following is not an essential characteristic of a liability?

Select one:

It represents an internal claim on the entitys assets.

It has arisen as a result of a past transaction or event.

It requires the transfer of an economic resource to another entity.

It represents a present obligation to another entity.

A characteristic essential to all assets is:

Select one:

a result of a past event.

a resource controlled by the entity.

a present economic resource.

all of the above.

Equity is increased by:

Select one:

income

liability

current asset

expense

Equity is decreased by:

Select one:

income

liabilities

expenses

assets