what is liability?? explain briefly
Answers
Answered by
3
the state of being legally responsible for anything or something
SyedNaiyer:
I didn't get
means that example you are responsible for doing something or
that is known as liability
plz mark me as. rainliest
brainliest
plz
Answered by
17
A liability is an obligation and it is reported on a company's balance sheet. A common example of a liability is accounts payable.
thanks can you clear this more
ok
Similar questions