Question

Which of the following is not a external liability------. *

A. Government dues.

B. Realization expenses.

C. Loan from partners

D. Secured loan .​

Answer 1

Answer:

External inability is nothing but asymmetrical information .I hope the answer is loan of partners is not a external liability .

Answer 2

Answer:

C. Loan from partners

Explanation:

A company's liabilities are the debts it owes to internal or external parties. Liabilities, according to the accounting equation, are equal to the difference between assets and capital. For instance, if Business A sells items to Business B on credit, A will classify Business B's debt to A as a liability.

Internal Liabilities are any debts that a company owes to its own internal constituents, including its owners, workers, and promoters. Example: Capital, salaries, profits accumulated, etc.

External liabilities are any debts that a company owes to outside sources, such as creditors, suppliers, and vendors. For instance, consider borrowings, creditors, taxes, overdrafts, etc.

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