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Which of the following is correct? Select one: A . Some liabilities may involve the performance of services. B . Liabilities are claims on an

Which of the following is correct?
Select one:
A. Some liabilities may involve the performance of services.
B. Liabilities are claims on an entity's assets that remain after the claims of owners have been settled.
C. To qualify as an asset, a resource must have a physical existence.
D. Accounts receivable and Wages payable are examples of liabilities.
E. None of the above
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