Accountancy, asked by gungunpatwal1, 7 months ago

hey guys !!!
what is liability and drawing ??​

Answers

Answered by tanaychowdary
2

Answer:

Drawings are the opposite of capital, and such as they are not liabilities! Drawings means that the owner is pulling back his investment in assets.

Explanation:

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Answered by Anonymous
6

HERE IS UR ANSWER DEAR

liability :

  • a person or thing whose presence or behaviour is likely to put one at a disadvantage.

  • the state of being legally responsible for something.

drawing :

  • art of imprinting the real
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