Accountancy, asked by dhruvsingh4212, 10 months ago

What is difference between asset and liabilities?

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Answered by swatisahrawat27ggn
0

Answer:

ASSETS vs LIABILITIES

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Answered by kamakshigaur
0

Answer:

The difference between assets and liabilities. The main difference between assets and liabilities is that assets provide a future economic benefit, while liabilities present a future obligation. ... One must also examine the ability of a business to convert an asset into cash within a short period of time.

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