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Answer Posted / giri
By definition, Liability is something which
someone/somebody has some obligation to pay to someone.
From companies point of view, the profit earned by company
must be distributed among the shareholders at the time of
liquidation. So, It is certainly liability.
It cannot be treated as an asset because asset is something
which can give future cashflow or reduce the cashflow in
future and profit cannot do both of those.
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Hello every1. I have attended the F1 visa for MBA. They have taken my Passport and given me Blue form and has advised me there is an Administrative Processing will be done. there is no time frame for it. Can some one tell whether my visa is refused or will i get the visa.
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