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2. Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance s…

2. Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance s…
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2. Which of the following best describes a liability?

A. Anything of value owned by the business
B. Something that a business owes
C. Listed on the left-hand side of a balance sheet
D. Always equal to an asset

User Mark Stosberg
by
8.5k points

2 Answers

4 votes
I believe is b .....
User Rycfung
by
8.4k points
3 votes
Something that a business owes
User Saad Qureshi
by
8.6k points
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