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Which of the following statements are true about liabilities of a firm? Liabilities are sometimes referred to as owners' equity. Liabilities represent the amount of

Which of the following statements are true about liabilities of a firm?

Liabilities are sometimes referred to as owners' equity.

Liabilities represent the amount of resources controlled by the firm.

Liabilities are probable future economic benefits.

Accounts payable is an example of liabilities.

Liabilities are probable future sacrifices of economic benefits.

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