Liablities
Small Business
The sum of debts or obligations of a business. Normally, the liabilities appear on the credit side of a balance sheet. This may be further broken down into current liabilities, long-term liabilities, etc.
The sum of debts or obligations of a business. Normally, the liabilities appear on the credit side of a balance sheet. This may be further broken down into current liabilities, long-term liabilities, etc.