Liabilities are obligations that must be paid back in the future. To pay by cash or reparation, there may be values that families or ourselves. Liabilities for cash or anything of value that your family or yourself is derived from an external source, such as a person or. Borrowing from the Fund to buy goods or services, credit acquisition for cash payments or hire purchase etc.
.The remaining money is money or property, that value is measured. After bringing revenue minus expenses, appearing more than revenue expenditure, will provide the remaining funds, or in the accounting principles are called profit.
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