Math, asked by vinayak9881601966, 1 month ago

3. Which of the following is an example of 'External Liability'?
a. Equity Share Capital
.
c. Share Premium
b. Creditors
d. General Reserve​

Answers

Answered by janan72
0

Answer:

creditors

Step-by-step explanation:

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Answered by Anonymous
0

A creditor is an example of external liability. (option b)

  • External liabilities are payable to outsiders.
  • This arises due to taking loans and credits. For example bank loans or usage of credit cards etc.,
  • Usually, a business owing money to outsiders is known as external liability. They are called creditors.
  • The other options do not match the meaning of external liability.
  • Therefore, the correct answer is option b creditors.
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