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Question added by agha mustafa shah
1 year ago

A liability is a debt or other obligation owed by one party to another party?‎

A liability is a debt or other obligation owed by one party to another party Companies take on liabilities to increase their capital in order to finance operations or pro‎ ... See More

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Question added by Feroz Bandukra Finance Controller Avenir Technologies FZE
8 years ago
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Question added by REMEGIO SALAMAÑA Customer Care Specialist Concentrix Daksh Services Phils. Corporation
9 years ago
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Question added by Paul Katabazi Administrator Kadan outside catering services ltd
9 years ago
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Answer added by  ORITSESHOLAYE OMABUWA
9 years ago

Bad debt refers to what is owed by debtors who are unlikely to repay loan.

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Answer added by  Amr Ibrahim, Equity Research Analyst, Mubasher International
7 years ago

Circular debt is when, to give a three-person example, A owes B, who owes C, who owes A. Circular debt relates to subsidies which the government in Pakistan is providing ... See More

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Answer added by  Sami Mhiri, Finance Officer, SOROUBAT
8 years ago

  Circular debt is a situation in which a string of debtors and creditors exist in a fashion such that the net final creditor in the string is indebted to the first credi ... See More