Accounting Info

Review Of Accounting Liabilities Definition Ideas . A liability is a company's financial debt or obligations that arise during the course of its business operations. The existence of a past transaction is an. Liabilities (Meaning, List) Top 3 Types of Liabilities in Accounting from www.wallstreetmojo.com Liabilities are settled over time through the transfer of. Liabilities in accounting refer to obligations that usually end up in the balance sheet of a company. In a sense, a liability is a creditor’s claim on a company’ assets.