أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
In what circumstance liability can be income tell us with vivid example
Answer: Most this happen when company do prepaid of any that will obiligate to pay,
so when you prepare financial report that amount was paid but not yet get service /goods/ used will be calculated as INCOME OF COMPANY. EG Prepaid rent for business operation.