Accountancy, asked by bhavarannya4117, 1 year ago

How do you define a liability in accounts?

Answers

Answered by JustinJonathan

0

the increase in liabilities are known as credit and they are recorded in the right side of the ledger .

Previous Question

Next Question

Similar questions

Math, 8 months ago

find the ratio in which (2+a/3, a) divides the join of (1,3) and (5,9). Also find the value of 'a'...

Math, 8 months ago

The Lom (least common of 5, 12 and 10 is common multille...

Math, 8 months ago

what is the LCM of 935, 1309, 1122 ?with the common division method...

Chemistry, 1 year ago

How do soda acid fire extinguishers work?

Social Sciences, 1 year ago

How many islamic militant groups are there?

Math, 1 year ago

the diagonals of a rhombus measures is 16 cm and 30 cm find its perimeter...

Math, 1 year ago

the base of triangle is 4cm longer than its altitude.if the area of triangle is 48sq.cm then find the base and height...

Science, 1 year ago

the mass of sun is 2 × 10 power 30 kg and the mass of the earth is 6 ×10 power 24 kg is the average distance between the sun and the earth is 1.5 into 10 power 8 km calculate the force of gravitation between them...