Difference between revisions of "Liabilities and equity"

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Short and long-term debts and obligations owed by the business - for example to vendors, other creditors and banks - plus equity.
 
Short and long-term debts and obligations owed by the business - for example to vendors, other creditors and banks - plus equity.
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Total liabilities and equity are equal to Total assets in the balance sheet.
  
  
 
== See also ==
 
== See also ==
 
* [[Assets]]
 
* [[Assets]]
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* [[Balance sheet]]
 
* [[Equity]]
 
* [[Equity]]
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* [[Financial reporting]]
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* [[Liabilities]]

Revision as of 15:20, 18 April 2020

Company accounting.

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

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


See also