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YouTubeSUDARSHAN AGRAWAL
Equity VS Liability - CA Inter | Equity vs Liability: The Real Difference Is Obligation to Pay
Here is the core difference: in a liability, there is always an obligation to pay Even if it's not strictly contractual, that obligation exists But with equity, there is absolutely NO obligation to pay! 💡 Let me give you a quick example Imagine you’re looking at a balance sheet You have your assets (say ₹400 lakhs), capital of ₹10 ...
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