1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anni [7]
2 years ago
9

Bobby is completing a residential loan application. on the application, he lists his liabilities. what are liabilities?

Social Studies
1 answer:
noname [10]2 years ago
7 0

In financial accounting, a liability is defined because the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, the settlement of which can result in the transfer or use of assets, provision of services or other yielding of economic benefits within the future.

<h3>What are liabilities?</h3>
  • Any sort of borrowing from persons or banks for improving a business or personal income that is payable during short or long time.
  • A duty or responsibility that obligates the entity to a different , leaving it little to avoid settlement and a transaction that has already occurred.
  • Liabilities in financial accounting needn't be legally enforceable; but can be based on equitable obligations or constructive obligations.
  • An equitable obligation may be a duty based on ethical or moral considerations.
  • A constructive obligation is an obligation that's implied by a set of circumstances in a particular situation, as against a contractually based obligation.

To learn more about liabilities: brainly.com/question/15006644

#SPJ4

You might be interested in
Tom drifts in and out of jobs. Owing to his lack of education and skills, it is very difficult for him to find a stable job with
seraphim [82]

Answer:

<h3>D) ​Underclass</h3>

Explanation:

Underclass represent a section of the population who inhabits the lowest position in the class system of social order. They are below the working class as they find it hard to find stable jobs with steady income.

Compared to the working class, the underclass section of the population are exploited less. They are usually perceived to be less productive because of lack of education and skills. Thus, they are exploited less by the higher classes because of their incapacity to be productive. Instead, the working class, though higher than the underclass in the class ladder, is being exploited more because of their productivity.

In case of Tom, who belongs to the underclass section, despite having some earnings, he depends on government programs to make ends meet because his chances of being recruited into a stable job is very minimal.

7 0
3 years ago
Date of origin of Afghanistan government (plz helpp!!)
Tanzania [10]

Answer: April 21, 1709

Explanation: Mark as brainliest?

3 0
3 years ago
Who controlled alexander's empire after his death
Sophie [7]

Answer:

After his death, a series of civil wars tore his empire apart, resulting in the establishment of several states ruled by the Diadochi. Diadochi was  Alexander's surviving generals and heirs.

8 0
3 years ago
Read 2 more answers
What is the last step in evaluating media coverage?
Triss [41]

Answer:

C.) Research the promoters

Explanation:

You should finish your analysis by trying to learn more about the people who are behind the media coverage. Often these are the people directly involved in your issue and it is important to know what their motivations are.

8 0
3 years ago
India Partition is compared to what major event because of the similarities of the horrors?
horrorfan [7]

Answer:

B.) The Holocaust

Because, During the Holocaust 6 Million. people were Murdered just like During the India Partition.

6 0
3 years ago
Other questions:
  • Studies have shown that driving after drug use was more common among drivers who were ________________.
    12·1 answer
  • impact of the civil rights movement, as portrayed in Selma on students, the common good and, minorities​
    12·1 answer
  • Write a MATLAB script that (1) imports the compression test data for each bone sample, (2) uses custom functions to compute the
    10·1 answer
  • How did other countries respond when Portugal built a global empire?
    8·2 answers
  • The development of many new businesses helps limit
    10·2 answers
  • Which part of the Declaration of Independence is the section where the Americans actually declare that they are a free and indep
    11·1 answer
  • Which of the following statements is true?
    8·2 answers
  • PLEASE HELP!!!!!!!!!! WILL THUMBS UP!!! ALL COMMENTS!!!
    7·2 answers
  • Use the descriptions to answer the following question. Governor-General Monarch (Queen)Prime Minister What do all three of these
    12·2 answers
  • Ons on the questions below. Marks will only be allo
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!