Question

HELP PLEASE 100 POINTS Which word indicates a liability on a financial statement?

A. Value
B. Cash
C. Payable
D. Receivable

Answer 1

I presume C. A liability would probably be something you owe another company in terms of a financial statement.

Answer 2

C. Payable

Step-by-step explanation:

"Payable" refers to an amount of money that a company owes to another party. It's a type of liability that is recorded on the balance sheet and represents an obligation that the company has to pay at a future date