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DIFFERENCE BETWEEN ASSETS AND LIABILITIES Assets and liabilities are two important terms in accounting that are used to measure the financial health of an individual or a company. Assets and liabilities are two fundamental concepts in accounting and finance, and they are used to measure the financial health and performance of individuals, businesses, and organizations. […]

DIFFERENCE BETWEEN ASSETS AND LIABILITIES Assets and liabilities are two important concepts in accounting and finance that are used to describe the financial position of an individual or organization. Assets are things of value that an individual or organization owns and controls, and which can be used to generate income or create value. Assets can