Answer:
Thus Motorcycle loans, Car loans, Credit Card bills, and Mortgages are considered to be liabilities.
Explanation:
Liabilities are those items, debts, or financial obligations that you owe to other parties. Assets are those that can provide you with future financial benefits.
What can be considered Liabilities?
Debts to a government agency
Debts to an organization
Debts that a business owes to another business
The loan you owe.