what is liability? give some entry

Answers were Sorted based on User's Feedback



what is liability? give some entry..

Answer / ansar

the liablity like what r the outstanding & we should to pay something called liablity.. etc

supplier outstanding , make any loss of provision.

ex: car loan " car" is assets" but "loan" is like liablity

Is This Answer Correct ?    8 Yes 1 No

what is liability? give some entry..

Answer / deepika

liabilities are debts,they are amount whichthe firm owes to
creditiors
liabilites= assets-capital

Is This Answer Correct ?    5 Yes 1 No

what is liability? give some entry..

Answer / janvi sangle

liability means payables of company for eg.: Duties and taxes

Is This Answer Correct ?    1 Yes 1 No

what is liability? give some entry..

Answer / a.praveen

liability means the amount which should have to pay with intrest within a time limit.

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Accounting General Interview Questions

you have get 100RS but no 10RS note is required & there should be only 10 notes

2 Answers  


Interest on capital will be paid to the partners if provided for in the agreement but only from________ (a) Profits. (b) Reserves. (c) Accumulated Profits. (d) Goodwill.

1 Answers  


Can we consider capital work in progress as a part of fixed assets?

2 Answers  


what will be the entry for inventory

0 Answers   Accenture,


If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

0 Answers   TATA,






In Which Group "goodwill Written off account " will come?

2 Answers  


What is earning per sahre? how does it impact the share holder?

3 Answers   HP,


In the Manufacturing IF QC reject the material. Then where to record rejected material amount.

0 Answers  


Under which Act( Com/IT) depreciation debit to P & L ?

1 Answers  


i had completed my continious service in ltd co for 4.6years,whether i am eligible for gratuity

1 Answers  


What is the entry for bank guarantee,

7 Answers   Karadi Path, Levtech Consulting,


What is the meaning of GAPP?

12 Answers   Ernst Young, Inventory,


Categories