CBSE BOARD XII, asked by mohantalinky6154, 2 months ago

what liabilities expenses

Answers

Answered by manyamurgai
4

Expenses and liabil ities should not be confused with each other. One is listed on a company's balance sheet, and the other is listed on the company's income statement. Expenses are the costs of a company's operation, while liabilities are the obligations and de bt s a company ow es.

Answered by XxCUTANGELxX
6

Answer:

upper id is correct answer

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