Accountancy, asked by Anonymous, 8 months ago

What is liabilities? Answer it friends.​

Answers

Answered by Anonymous
19

hyy mate ✌️

A liability is something a person or company owes, usually a sum of money. ... Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, earned premiums, unearned premiums, and accrued expenses.

hope it will help you ❣️❣️

Answered by rsultana331
1

Answer:

the state of being legally responsible for something.

Explanation:

i also play free fire nickname-Rayaanjr11

rank-gold 3

Similar questions