Tags | |
UUID | e08fa031-29d6-11e4-b7aa-bc764e2038f2 |
The Accounting Liabilities calculator computes the accounting liabilities as a function of assets and shareholder equity.
INSTRUCTIONS: Choose currency units and enter the following:
Liabilities: The calculator returns the Liabilities (L) in U.S. dollars. However, this can be automatically converted to other currency units via the pull-down menu.
In the Accounting equation , Liabilities are equal to the Assets minus the Shareholders Equity. Liabilities are basically the company's legal debts or obligations that arise during the course of business operations e.g. loans,mortgages, etc.
No comments |