Explain what is meant by liabilities?
Submitted by: MuhammadLiabilities are what all u owe from the bank on notes payable or in other words it is:
Liability=Asset-Owners equity
What company owes that is liability. Liability = Asset-capital
Submitted by: Muhammad
Liability=Asset-Owners equity
What company owes that is liability. Liability = Asset-capital
Submitted by: Muhammad
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