what is the meaning of external liability??
Answers
Answered by
1
Answer:
External Liability – All obligations which a business has to pay back to external parties i.e. lenders, vendors, etc. are termed as external liabilities. Example – Borrowings, Creditors, Taxes, Overdraft, etc.
Answered by
2
Answer:
External Liability – All obligations which a business has to pay back to external parties i.e. lenders, vendors, etc. are termed as external liabilities. Example – Borrowings, Creditors, Taxes, Overdraft, etc.
Explanation:
please Make me brainliest and follow me on brainly
Similar questions