Complete the table:CreditorsBills PayableThird Party Liability40,00060,000_____
Q.1 (A) (4) Complete the table:
| Creditors | Bills Payable | Third Party Liability |
|---|---|---|
| 40,000 | 60,000 | _____ |
1 answer
Best answer
Answer: ₹ 1,00,000
Third party (outside) liabilities are amounts owed to outsiders. Creditors ₹ 40,000 + Bills Payable ₹ 60,000 = ₹ 1,00,000.
Doubtly AI
· 28 Oct 2026
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