Question:
What is meant by liabilities ?
Answer:
Liabilities are what all u owe from the bank on notes payable or in other words it is:
Liability=Asset-Owners equity Source: CoolInterview.com
what company owes that is liability. liability = Asset-capital Source: CoolInterview.com
Answered by: siraj | Date: 2/22/2008
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liability in the sense the company is liaable to pay then it could be regarded as a liability this could be explained as - assets -capital=liability Source: CoolInterview.com
Answered by: ravindra | Date: 3/23/2009
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Liabilities are obligations or debt an inter prises must pay in money or services at some time in a future. Source: CoolInterview.com
Answered by: manjeet singh | Date: 3/28/2009
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That all the things comes in liabilites whatever is owed for the company purposes from bank or any other institutions. Source: CoolInterview.com
Answered by: prem | Date: 9/29/2009
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Liabilities are the obligations of the entrepenuer towards the credit arranged by suppliers and service providers Source: CoolInterview.com
Answered by: SATYANARAYANA RAJU | Date: 10/7/2009
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Liabilities are the financial obligations of a business except owners funds. Source: CoolInterview.com
Answered by: santhoshni | Date: 11/27/2009
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very short definition, liability means loan on business. Assets-capital=liability. Source: CoolInterview.com
Answered by: Hemant Kumar Roy | Date: 6/11/2010
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The Amount Owes to Outsiders is known as Liability. Source: CoolInterview.com
Answered by: Vishal Gupta | Date: 6/18/2010
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The amout which is left to pay to the outsiders is known as the liabilities
regards, Nicku Source: CoolInterview.com
Answered by: nicku | Date: 8/11/2010
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liabilities means company receive the loan from bank for start their business .company purchase goods on credit from suppliers because company not able to pay all the expenses in cash and company also distribute shares to the public it is called share capital which shown in the balance sheet liabilities side Source: CoolInterview.com
Answered by: nidhi sharma | Date: 3/22/2016
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