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    Example of a Liability?

    Give an example of a liability.

    Comments for Example of a Liability?

    Click here to add your own comments

    Liability
    by: Christian

    Anything that is owed to outsiders can be classified as a liability.

    Examples: bank loan, expenses owing, revenue prepayment, accounts payable, etc.
    Examples for Liability
    by: yasser hegaz

    Accounts payable
    Accrued expenses
    Prepaid revenue
    Loan
    Opinion
    by: Anonymous

    When you borrow money from a bank is an example of a liability.
    liability
    by: petse

    anything which is a debt. E.g loan, even a credit card can be liability even when it does have some benefits.

    Click here to add your own comments

    Return to Ask a Question About This Lesson!.

    Liability Example

    Please provide an example of a liability.

    A loan from the bank. This is a debt your business owes. A liability.

    Click here to post comments

    Return to Ask a Question About This Lesson!.





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