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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 shee…

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 shee…
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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 Hexparrot
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2 Answers

6 votes
i believe the answer is D.
User Vanmelle
by
8.4k points
4 votes
A. Anything of value owned by the business
User AndiDog
by
8.2k points
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