Interested to Buy Any Domain ? << Click Here >> for more details...
what is liability
- 6 Answers
- 7283 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / elamparithy.a
liability refers to " something which we are liable to pay
in future".
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / poonam
A liability is an obligation expected to result in outflow
of economic benefits from the entity in near future
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kiran negi
liability is accured and unexpected expense of an
organisation.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / md.shweatha
liablitiy refers to the financial obligations other than
owners investment .it may be current liablity and long term
liability
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dipayan dey
In legal terms, the word liability refers to fault. The
person who is at fault is liable to another because of his
or her actions or failure to act. One example is in the
case of a crime. The liability of the offending party may
include providing restitution for damage to property or
paying medical bills in the case of physical injury.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / dipayan dey
In legal terms, the word liability refers to fault. The
person who is at fault is liable to another because of his
or her actions or failure to act. One example is in the
case of a crime. The liability of the offending party may
include providing restitution for damage to property or
paying medical bills in the case of physical injury.
| Is This Answer Correct ? | 0 Yes | 2 No |
what is contingent liability
What is balance sheet and off balance sheet?
what means by goodwill?
company office interior work payment paid by MD on his personal account what is entry in company accounts book & md personal a/c book?
What is journalizing?
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
amount paid to rajiv as tour advice-2000
Do you think accounting standards are mandatory and why?
Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment
Tell me what steps would you take to increase revenue for this company?
Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally
What is step by step procedure to file e-tds quarterly teturn ?
Audit 
