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Which of the following statements regarding liabilities is not true? Multiple Choice Liabilities can be for services rother then cash Liobilities are reported in the

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Which of the following statements regarding liabilities is not true? Multiple Choice Liabilities can be for services rother then cash Liobilities are reported in the balance sheet for almost every business. Liabilities represent probable future sacrifices of benefits. Llobilites result from future tronsactions

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