Question: Which of the following does not create a liability? A) Buying goods and services on credit. B) Obtaining a short-term loan. C) Issuing long-term debt.

Which of the following does not create a liability?

A) Buying goods and services on credit.

B) Obtaining a short-term loan.

C) Issuing long-term debt.

D) Remitting sales tax to the government.

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