Liability: Difference between revisions
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A liability is something where a [[business]] owes [[money]] for example a [[Bank Loan|bank loan]]. | A liability is something where a [[business]] owes [[money]] for example a [[Bank Loan|bank loan]]. | ||
=== Examples of liabilities === | |||
* [[Bank]] [[Loan|loans]] | |||
* Bank [[Overdraft|overdrafts]] | |||
* Loans | |||
* [[Money]] due to [[Supplier|suppliers]] | |||