Final answer:
Remitting sales tax to the government does not create a liability because it is a transfer of funds collected from customers, not the creation of a new debt or repayment obligation.
Step-by-step explanation:
Among the options given, the one that does not create a liability is remitting sales tax to the government. Buying goods and services on credit, obtaining a short-term loan, and issuing long-term debt are all actions that result in the creation of a liability, which means the business owes money that it must pay in the future. In contrast, remitting sales tax to the government is a transfer of funds collected from customers to the government, not an action that incurs a new liability.
It is essential to differentiate between transactions that create liabilities and those that do not. Businesses often access financial capital by borrowing from banks, issuing bonds, or issuing stock. However, remitting sales tax collected is simply fulfilling the business's tax collection role for the government; it is not a financial transaction that creates a debt or a repayment obligation for the business.