Tweet
Difference between Assets and Liabilities?
Answer
There is a big difference between assets and liabilities. In fact these two things are complete opposites of each other. An asset is something that is worth money and that someone could sell for money. A liability is something that you owe. This could be something like a bill.
Q&A Related to "Difference between Assets and Liabilities?"
|
Assets are things you have, or expect to have (cash, inventory, accounts receivable). Liabilities are things you will have to give away (accounts payable, dividends to be paid, etc)
http://wiki.answers.com/Q/What_is_the_difference_b...
|
|
OK i am going to put this in very simple terms: A. current asset. is something. you own. and that you can sell within one year for a profit. here is an example: Say you own a greenhouse
http://wiki.answers.com/Q/What_is_the_difference_b...
|
|
http://wiki.answers.com/Q/What_is_the_difference_between_vouching_and_verification_of_assets_and_liabilities.
http://wiki.answers.com/Q/What_is_the_difference_b...
|
|
1. Add all current assets with dollar values that are used in day-to-day operations. These items include cash, inventory and accounts receivable. 2. Add all investments that your
http://www.ehow.com/how_6772369_calculate-assets-l...
|
Similar Questions
People Also Asked
Wikipedia on Ask.com
A finite difference is a mathematical expression of the form f(x + b) − f(x + a). If a finite difference is divided by b − a, one gets a difference quotient. The approximation of derivatives...
Top Related Searches