What is a Liability, Examples, Type, its Placement, etc?
Owner’s funds/Capital/Equity – Last among types of liabilities is the amount owed to proprietors as capital, it is also called owner’s equity or equity. This loan is when a property is used as collateral for obtaining the loan. Mortgage loans, like most loans, are broken down into monthly payments over the period agreed. A normal […]
What is a Liability, Examples, Type, its Placement, etc? Read More »