Liabilities - Revision history

imported>Doug Williamson: Expand definition.

2023-01-26T09:44:06Z

Expand definition.

← Older revision		Revision as of 09:44, 26 January 2023
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	1. ''Financial reporting - balance sheet''.		1. ''Financial reporting - balance sheet''.

	In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in:		In financial reporting, liabilities are present amounts or present obligations of a reporting entity arising from past transactions or events, the settlement of which may result in:

	* The transfer or use of assets, for example payments of money		* The transfer or use of assets, for example payments of money

2022-10-02T17:05:01Z

Add link.

← Older revision		Revision as of 17:05, 2 October 2022
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	* The provision of services or		* The provision of services or
	* Other yielding of economic benefits in the future.		* Other yielding of economic benefits in the future.


	Examples include overdrafts, trade payables, accruals and provisions.		Examples include overdrafts, trade payables, accruals and provisions.
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	* [[Credit balance]]		* [[Credit balance]]
	* [[Disaggregation]]		* [[Disaggregation]]
			* [[Discharge]]
	* [[Equity]]		* [[Equity]]
	* [[Exemption clause]]		* [[Exemption clause]]

2022-07-18T16:16:10Z

Add link.

2022-07-17T13:31:04Z

Add link.

← Older revision		Revision as of 13:31, 17 July 2022
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	* [[Reporting entity]]		* [[Reporting entity]]
	* [[Trade payables]]		* [[Trade payables]]
			* [[Wealth]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2021-03-18T13:51:38Z

Add header.

← Older revision		Revision as of 13:51, 18 March 2021
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	2.		2. ''Lending - borrowing.''

	More generally, liabilities are any obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity).		More generally, liabilities are any obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity).

2020-12-24T09:49:44Z

Layout.

← Older revision		Revision as of 09:49, 24 December 2020
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	* Other yielding of economic benefits in the future.		* Other yielding of economic benefits in the future.

			Examples include overdrafts, trade payables, accruals and provisions.

	~~Examples include overdrafts, trade payables, accruals and provisions.~~

	Liabilities are represented in the balance sheet by credit balances.		Liabilities are represented in the balance sheet by credit balances.

2020-10-29T10:30:50Z

Amend header.

← Older revision		Revision as of 10:30, 29 October 2020
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	1. ''Financial reporting''.		1. ''Financial reporting - balance sheet''.

	In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in:		In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in:

2020-04-18T22:16:12Z

Add example.

← Older revision		Revision as of 22:16, 18 April 2020
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	1. ''Financial reporting''.		1. ''Financial reporting''.

	In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in ~~the~~ transfer or use of assets, ~~the~~ provision of services or ~~other~~ yielding of economic benefits in the future.		In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in:

			* The transfer or use of assets, for example payments of money
			* The provision of services or
			* Other yielding of economic benefits in the future.


	Examples include overdrafts, trade payables, accruals and provisions.		Examples include overdrafts, trade payables, accruals and provisions.

2019-08-04T13:59:06Z

Add link.

2019-08-04T13:58:15Z

Add link.

← Older revision		Revision as of 13:58, 4 August 2019
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	* [[Provision]]		* [[Provision]]
	* [[Reporting entity]]		* [[Reporting entity]]
			* [[Trade payables]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]