Accountancy, asked by govindan1975, 11 months ago

difference between assets and liabilities????​

Answers

Answered by shreema2007
2

Answer:

Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out!

Answered by Anjalianju2004
1

Answer:

the difference between assets and liability are given below

Explanation:

assets are theitems your company owns that can provide future economic profit. Liabilities are what you owe other parties. In short asset putmoney in your pocket and liabilities take money out!

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