Question

which is not external liability​

Answer 1

Answer:

Internal Liability – All obligations which a business has to pay back to internal parties such as promoters (owners), employees etc. ... are termed as external liabilities. Example – Borrowings, Creditors, Taxes, Overdraft, etc.

Answer 2

Internal Liability – All obligations which a business has to pay back to internal parties such as promoters (owners), employees etc. ... are termed as external liabilities. Example – Borrowings, Creditors, Taxes, Overdraft, etc

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