6316. Synonym of LIABILITY

A. Debt
B. Debit
C. Asset
D. Credit
✅ The correct answer is option A.
Debt : a sum of money that is owed or due.

Debit : an entry recording a sum owed, listed on the left-hand side or column of an account.

Asset : a useful or valuable thing or person.

Credit : the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Liability : a thing for which someone is responsible, especially an amount of money owed.

Synonym of Liability is Debt

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