Question

2. Which of the following is not a
liability? *
O Loans from bank
Creditors
O Cash
O Loan from a friend​

Answer 1

Answer:

Cash is not a liability.

Explanation:

Account payable, notes payable and expenses all are liability in nature while cash represents assets. cash is a most liquid asset. so cash is not a liability.

Answer 2

Cash

is isnt a liability as it is your own