Which word in the passage means the opposite of the word liabilities.(a) threshold(b) chaos(c) assets(d) cash box

Which word in the passage means the opposite of the word liabilities

The cash payment of a liability: Group of answer choices decreases assets and equity. increases assets and decreases liabilities. decreases assets and increases liabilities. decreases assets and liabilities.

________ are amounts set aside for liabilities or reductions in the valuation of assets.Question 9Answera.Balanceb.Petty cashc.Provisionsd.ImprestClear my choice

The payment of a liability decreases both assets and liabilitiesGroup of answer choicesTrueFalse

Liabilities are:Group of answer choicesfavours that you owe.legal debts.negative personality attributes.nuisance situations.