what is an asset and liability ?

Answer Posted / nir

Any Thing which has some value is called Asset..

Liabilties are the debt obligations to the debt holders.

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Give Examples Of Bank Clerking Duties?

643


What is Credit Check?

673


Explain balanced capitalization.

768


What is Corporate finance, Corporate governance, Role of SEBI, Ratio analysis in terms of equity and capital structuring? Please post answers as soon as possible. thankyou.

4839


By sitting at home how can you send money?

647






Explain opportunity cost

561


What is Balance of merchandise trade?

662


What is the use of Computers in a Bank?

686


what is the role of Actuarial Analyst in the insurance company?

609


How candidates are recruited for marketing officer & asst. Manager posts?

649


How can you measure CPI?

653


Name the deputy governor of india?

620


What do you know about SEBI? State its functions?

679


Name some of the PM Social Security Schemes?

689


What is refinancing?

682