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Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance sheet D. Always equal to
an asset
A liability describes anything of value owned by the business.
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Original conversation
User: Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance sheet D. Always equal to an asset





Weegy: A liability describes anything of value owned by the business.
Expert answered|kaysha|Points 4303|

User: Which of the following best describes an asset? A. Anything of value owned by the business B. Always equal to a liability C. Listed on the right-hand side of a balance sheet D. Something that a business owes

Weegy: Sorry and asset is Anything of value owned by the business and a liability is something the business owes.
Expert answered|kaysha|Points 4303|

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Asked 11/1/2012 10:17:46 AM
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