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What is assert?and liblity

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What is assert?and liblity

Posted by Shehnaz Khan 7 years, 3 months ago

CBSE > Class 09 > Social Science

1 answers

Sonali Aggarwal 7 years, 3 months ago

Assets are economic resources of an enterprise that can be usefully expressed in monetary terms. Assets are items of value used by the business in its operations.

Liabilities are obligations or debts that an enterprise has to pay at some time in the future.

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CBSE > Class 09 > Social Science