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  4. Intelligent Highway Solutions, Inc. (IHSI) Message Board

paying of the Total Debt of 928.22 K is more impor

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Post# of 780
Posted On: 01/05/2016 6:44:45 PM
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Posted By: john1234
Re: BURN.NOTICE88 #152
paying of the Total Debt of 928.22 K is more important here then the rest of the liabilities are . i believe we will see this happen here.
Quote:

What is the difference between Liability and Debt?

• Debt is a sub category of liabilities.

• Debt is always in the form of money, whereas liability is anything that costs a business money

• Debt is always more serious than liability

• All debts are liabilities, but not all liabilities are debts



source http://tradingqna.com/8060/what-the-differenc...iabilities


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