Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is liability



Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How many types of business transactions are there in accounting?

1083


how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com

2070


How did you chose your university?

1062


what is penaultimate sale

2051


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1536


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1073


MEANING OF RED HERRITING

2594


If a prospective client kept presenting you with excuses not to buy, what would you do?

1136


What do we mean by Redemption of shares and debentures?

2318


The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty

1896


Explain purchase day book.

1091


What is the use of form D in sale tax

2116


how much cash transaction to single transport company per day and also per year

1577


what is revenue recognition rule, and can you specify the answer.

1732


What are the three factors that can affect your cash flow and business profitability?

1026