answer correctly to get marked as a brainliest answer. difference between assets and liabilities?
answer correctly to get marked as a brainliest answer. difference between assets and liabilities?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
heya mate .......
The difference between assets and liabilities. The main difference between assets and liabilities is that assets provide a future economic benefit, while liabilities present a future obligation. ... One must also examine the ability of a business to convert an asset into cash within a short period of time.
Answer:
assest = profit for the country
liabilities = loss for the country