131k views
0 votes
Which is a liability ??

Which is a liability ??-example-1
User Bill Gregg
by
6.7k points

1 Answer

4 votes

Answer:

The mortgage

Explanation:

The mortgage is a liability. A liability is something that you have to pay for. Bills, fees, mortgages, etc are all liabilities.

The yearly salary- asset

The commission- asset

The mortgage- liability

The rental property- asset

User Trollingchar
by
8.0k points