Liabilities are those items, debts or financial obligations which you owe to other party. Assets are those that can provide you with future financial benefits.
What can be considered as Liabilities?
- Debts to a government agency
- Debts to an organization
- Debts that a business owe to another business
- Loan you owe.
Thus Motorcycle loan, Car loan, Credit Card bill and Mortgage are considered to be liabilities.
To learn more about liabilities, refer: https://brainly.com/question/14921529
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