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Difference between internal and external liabilities

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Difference between internal and external liabilities

Posted by Aman Pathak 1 year, 7 months ago

CBSE > Class 11 > Accountancy

1 answers

Timple Yadav 1 year, 7 months ago

Internal liability are those liability which we pay to proprietor( honour)or owners is known as internal liability ____________________________ External liability are those liability which the business entity has to outsiders are known as external liability Eg ; loans etc

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