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This article considers liabilities as they exist in an entity from an accounting point of view.
This article considers liabilities as they exist in an entity from an [[accounting]] point of view.
In terms of accounting, liabilities are the financial obligations of a business. Examples of liabilities are moneys owed, debts, loans payable and accounts payable.
In terms of accounting, liabilities are the financial obligations of a business. Examples of liabilities are moneys owed, debts, loans payable and accounts payable.
[[Category:Accounting Terms]]
[[Category:Accounting Terms]]
[[Category:Accounting]]