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Hey Ya'll!

Help me answer!


-Explain deeply on the below:


-Liabilities


-Assets


-Capital


Ty!Good Day! [✖‿X]

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1 Answer

3 votes

liabilities--- liabilities means the amount which the enterprise owes either to the outsiders or the proprietors

Assets --- assets are the property or legal rights owned by an entity (enterprise, organisation, or individual) to which money value can be attached. anything which will be enables the entity to get cash or benefit in the future is an asset.

capital -- capital means the amount ( in terms of money or assets having money value ) which the proprietor have invested in the business and claim from it.

hope you like the answer ....

User Gichamba
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