On a balance sheet,what a firm owes to creditors would be listed under:

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Liabilities refer to the amount of money a firm owes to creditors, including loans, accounts payable, and taxes owed. This information is listed on the balance sheet as one of the three components, alongside assets and owners' equity. Contra-assets are a type of asset account used to represent negative balances or reductions in value for normal assets, while expenses refer to the cost of goods or services used during the production process. Owners' equity represents the value of a company's assets minus its liabilities.

On a Balance Sheet,what a Firm Owes to Creditors Would