What Is Liablity......???
Answers
Answered by
6
Answer:
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, bonds, warranties, and accrued expenses.
Similar questions
Math,
5 months ago
Social Sciences,
5 months ago
English,
5 months ago
Biology,
10 months ago
Computer Science,
1 year ago
English,
1 year ago