Accountancy, asked by karunasindhwani275, 2 months ago

difference between liability and revenue
Plz give answer fastly​

Answers

Answered by ojaswikhu
1

Answer:

difference b/w liab. and rev.

Explanation:

liability - the state of being legally responsible for something

- a thing for which someone is responsible, especially an amount of money owed.

revenue - revenue is the income or increase in net assets that an entity has from its normal activities.

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