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what is liability? give some entry
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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 |
Answer / deepika
liabilities are debts,they are amount whichthe firm owes to
creditiors
liabilites= assets-capital
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / janvi sangle
liability means payables of company for eg.: Duties and taxes
| Is This Answer Correct ? | 1 Yes | 1 No |
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 |
BRS
2 Answers Akzonobel, BEL, Chartered Accountant,
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