Examples of liabilities include:
A)accounts payable and dividends.
B)accounts payable and common stock.
C)investments and note payable.
D)accounts payable and long-term debt.

Question

Quizplus · Accepted Answer

Liabilities represent obligations that a company owes to others. Accounts payable and long-term debt are both examples of liabilities, as they reflect amounts owed to other parties that will need to be paid off in the future. Dividends and investments are not liabilities, as they do not represent obligations to other parties that need to be paid off. Common stock is also not a liability, as it represents ownership in the company rather than a debt obligation.

Examples of Liabilities Include