Register
Define assets and liabilities and give an example
203k views
4 votes
Define assets and liabilities and give an example

User James An
by
8.1k points

2 Answers

3 votes
Assets are things of value a person or company owns that provides an economic benefit to them e.g. machinery. Liabilities are what a person or company owes (debts) e.g. loan.
User Alexey Berezuev
by
7.1k points
3 votes

No entiendo el ingles me pueden decir como le cambio el idioma

User Chibani
by
7.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

Who was Adam Smith ? Anybody?
What is meant by data mining ?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
Link Copied!