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FINACIAL ASSETS & LIABILITIES

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › FINACIAL ASSETS & LIABILITIES

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by AvatarMikeLittle.
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  • September 26, 2011 at 7:06 am #49926
    Avatarbudengeli
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    The Difference btn Financial Liability & Equity Please may give further explanation

    October 27, 2011 at 12:28 pm #88413
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Equity is that value which is attributable to those shareholders who have a residual right to the assets remaining in a company in the event of a company’s liquidation after all liabilities have been settled. A financial liability is a liability of the company

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