What are liabilities

Answer Posted / dj

Equities are of two types: the right of creditors and right
of owners.Right to properties are called Equities.The
equities of creditors represent debt of the business and are
called LIABILITIES.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between Assets Allocation & Security selection?

2335


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

1541


WHAT IS INTEGRAL ACCOUNTING

1765


What is EBITDA

1426


what is data entry? what is report generation ?in accounting how it is used .

1833






What is ABC Analysis in industrial function. hw can it s maintain ?

1752


someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2045


what is meant by cash purchase?

907


What type of questions in accouting point of respect they ask genrally plz help me find out this.

1592


what is non stock?

2211


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

1991


sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..

1554


how we could adj. the entries of prop. & firm in merging time

1516


What is mean by Reserve on Consolidation?

27001


please tell me questions asked in NICMAR for the post of accounts executive

3518