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is a service fee a liability?
Yes, service fee is a liability.
Expert answered|paral|Points 10763|
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Asked 4/28/2014 10:51:05 PM
Updated 4/28/2014 11:08:06 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/28/2014 11:08:04 PM], Unconfirmed by jeifunk [4/28/2014 11:08:04 PM]
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Questions asked by the same visitor
is a srvice fee a liability?
Question
Not Answered
Updated 4/28/2014 11:47:34 PM
1 Answer/Comment
YES, Service fee is a liability.
Added 4/28/2014 11:47:34 PM
This answer has been confirmed as correct and helpful.
what is equity?
Weegy: Liabilities are: obligations that legally binds an individual or company to settle a debt. User: what does equity mean? (More)
Question
Updated 4/28/2014 11:45:07 PM
1 Answer/Comment
In accounting and finance, equity is the residual claimant or interest of the most junior class of investors in assets, after all liabilities are paid; if liability exceeds assets, negative equity exists.
Added 4/28/2014 11:45:06 PM
This answer has been confirmed as correct and helpful.
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