Question

whats the difference between assets and liabilities

Answer 1

Answer:

In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out!

Explanation:

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Answer 2

Answer:

assets means profit

Explanation:

liabilities means in hindi bojh kisi ke upr bojh bn kr reh jana