Meryl is a corporate certified public accountant (CPA)working on a new budget.When she lists the company's liabilities,which of the following will she include?

Question

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Liabilities are a company's legal financial debts or obligations that arise during the course of business operations. Employees' wages and salaries are considered liabilities because they are future payments the company owes to its employees for work performed.

Meryl Is a Corporate Certified Public Accountant (CPA)working on a New