Liabilities represent everything the company owes, i.e., debts and obligations. They are found on the right side of the balance sheet.

Examples of Liabilities

• Supplier debts
• Tax liabilities (TVA, IBS)
• Bank debts
• Share capital

In Algeria

According to the SCF, liabilities include equity and debts (current and non-current).

To learn more:

• Assets
• Balance sheet
• Accounting software in Algeria