D is corrent because an accrued liability results from recording an expense that has been incurred but not paid. Wages payable is an example of an expense incurred but not paid.
A is incorrect because rent revenue collected in advance, while it is a liability, is an example of an unearned revenue, not an accrued liability.
B is incorrect because although the portion of long-term debt payable in the current year is a liability, it is not an accrued liability. An accrued liability is an expense that has been incurred but not paid. This liability does not result from an expense.
C is incorrect because although cash dividends payable is a liability, it is not an accrued liability. An accrued liability is an expense that has been incurred but not paid. Dividends do not result from an expense.
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