Accountancy, asked by sandeepsen5359, 1 day ago

1 What are the various heads of liabilities' side of balance sheet.​

Answers

Answered by Anonymous
0

Explanation:

Liabilities can be divided into current liabilities and long term liabilities. Another important head in the balance sheet is shareholder or owner's equity. Assets are equal to total liabilities and owners' equity.

Answered by shashikumar10149
0

Answer:

Liabilities can be divided into current liabilities and long term liabilities. Another important head in the balance sheet is shareholder or owner's equity. Assets are equal to total liabilities and owners' equity.

Explanation:

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