View source for Liabilities and equity

1. ''Company accounting''. 

Short and long-term debts and obligations owed by the business - for example to vendors, other creditors and banks - plus equity.


2. ''Financial reporting - balance sheet.''

Total liabilities and equity are equal to Total assets in the balance sheet.


== See also ==
* [[Assets]]
* [[Balance sheet]]
* [[Equity]]
* [[Financial reporting]]
* [[Liabilities]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]