Social Sciences, asked by mukeshoraon2297, 8 months ago

Which of the following is a liability for the economy

Answers

Answered by palaksingh7890

4

Answer

creditors are a liability creditors means the person to whom business owes money creditors are the person whom the money is payable by the business is future so it is a liability of business towards creditors to pay them in future so it comes under current liabilities in balance sheet

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