Accountancy, asked by ishikasharma212211a5, 4 days ago

Resources minus capital equities is equal to: (a) Assets (b) Equity (c) Revenue (d) Liabilities​

Answers

Answered by arsh123randhawa
1

Answer:

d) liabilities .

Hope it helps you.

Answered by mad210218
0

d) Liabilities

Explanation:

  • In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events.
  • The settlement of which may result in the transfer or use of assets, provision of services or benefits in the future.
  • Liabilities can be further defined by a transaction or event obligating the entity that has already occured.
  • Or any type of borrowing from persons banks for improving a business or personal income that is payable during short or long time.

Similar questions