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What is the difference between financial assets and financial liabilities?
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Nov 9, 2017
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by
Ashie
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What is the difference between financial assets and financial liabilities?
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1 Answer
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Nov 11, 2017
by
Judy
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Financial assets refer to non physical assets such as bank deposits, bonds or even stocks.
Financial liabilities are a company's financial debt or obligations that arises during the course of the business operations.
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