Accountancy, asked by Jeevankanth7705, 1 year ago

One example of increase in liability and decrease in another liability

Answers

Answered by sujiritha95
4
Bills Payable issued to Creditors.

reason :
This will reduce one liability (Creditors) on the one hand and increase another liability (Bills Payable) on the other hand.

Hope its useful ..!!!

sujiritha95: pls mark it as brainliest answer
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