Accountancy, asked by treshma781, 4 months ago

give any one example for liabilities​

Answers

Answered by Lurker3993
1

Answer:

For example, if a business takes out a mortgage payable over a 15-year period, that is a long-term liability. ... Some examples of short-term liabilities include payroll expenses and accounts payable, which includes money owed to vendors, monthly utilities, and similar expenses.

Explanation:

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Answered by xgen08
2

Answer:

Bank debt.

Mortgage debt.

Money owed to suppliers (accounts payable)

Wages owed.

Taxes owed.

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