Assets vs Liabilities | Difference between Assets and Liabilities in Hindi | Assets and Liabilities

🔴 Assets
🗣️ Things that add value to a business, such as cash, equipment, and intellectual property
🗣️ Tangible assets, like land, buildings, and machinery
🗣️ Intangible assets, like patents and copyrights
🗣️ Financial assets, like securities and accounts receivable

🔴 Liabilities
🗣️ Debts or financial obligations that you owe to others, such as salaries, taxes, and loans
🗣️ Current liabilities, or short-term obligations that you pay within a year
🗣️ Long-term liabilities, like mortgages, that extend beyond a year
🗣️ Contingent liabilities, like potential obligations from lawsuits, warranties, and guarantees

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🔴 This video might be useful for students preparing for -
🗣️ 11th Commerce #11thcommerce
🗣️ 12th commerce boards #12thcommerce
🗣️ CSEET(CS FOUNDATION ICSI) #cseet
🗣️ CA Foundation #cafoundation
🗣️ UGC NET COMMERCE #ugcnetcommerce
🗣️ Accounts

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🔴 In this video - #padhakulog
Teacher's Name - CS Payal Popli
Topic - Difference between Assets and Liabilities

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Видео Assets vs Liabilities | Difference between Assets and Liabilities in Hindi | Assets and Liabilities канала Padhaku Log