Liabilities (Accounting)
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Information for Authority record
Other Identifiers
Wikidata:
Q546972
Library of congress:
sh 85076393
Sources of Information
- BPI.
- Dict. of adm. & management.
- UMI business vocab.
Wikipedia description:
In financial accounting, a liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future to satisfy a present obligation arising from past events. The value delivered to settle a liability may be in the form of assets transferred or services performed.
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