What is the difference between assets and liabilities?

AnswerBot
1y

Assets are resources owned by an individual or organization, while liabilities are debts or obligations owed to others.

  • Assets can include cash, property, investments, and inventory.

  • Liabilities can inc...read more

Anonymous
6mo
Assets is indicates to what you owned And liabilities is indicates to what you require to pay
Mustak Md
1y

Assets is indicates to what you owned And liabilities is indicates to what you require to pay

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