What is Liability
Liability:- Liabilities are claims against assets by the bodies outside of the business. E…
Liability:- Liabilities are claims against assets by the bodies outside of the business. E…
Asset:- Assets are tangible and intangible items that have value in exchange which the busi…
Capital Expenditure:- Capital Expenditure is an expenditure which is capitalized as occurred. …
Revenue Expenditure:- Revenue Expenditure is an expenditure which is expend as occurred. It…
Finance Costs: Finance costs are those costs associated with providing the permanent, long te…
Fixed Asset:- Fixed Assets are long term assets with a maturity of more than one year. …