The difference in the meaning of debt and debt, what is the difference between debt and debt

Updated on Financial 2024-08-14
9 answers
  1. Anonymous users2024-02-16

    There is a difference between debt and debt:

    1. The difference in its meaning: Liabilities refer to the current obligations of the enterprise formed by past transactions or events that are expected to lead to the outflow of economic benefits from the enterprise. It's the entire liability part of the balance sheet.

    Debt generally refers to the debt formed by borrowing the actual amount of money from the outside, and it is generally interest-bearing. It can be understood as: interest-bearing liabilities.

    2. Different nature: the liability value is the bill and other payables that should be paid in the balance sheet, which is interest-free payment. Debt, on the other hand, is an external loan or the like, which requires the payment of interest and the obligation to repay the debt when due, and the debt also includes part of the debt.

    Liabilities are essentially economic debts that an enterprise must repay after a certain period of time, and its repayment period or specific amount has been stipulated and restricted by contracts and laws and regulations when they occur or are established, and it is an obligation that an enterprise must perform.

    A debt is a provision of funds by a creditor to the debtor for interest and a commitment by the debtor to repay the funds at an agreed date in the future.

    For example, operating liabilities such as accounts receivable are not debts.

    3. The starting point is different.

    Liabilities are the bills and other payables that should be paid in the balance sheet, which are interest-free payments, while liabilities are payments such as external loans, which require the payment of interest and the obligation to repay debts when due, and liabilities also include part of the debts.

  2. Anonymous users2024-02-15

    The difference between liabilities and debts is: 1. Liabilities are assets, and you can make money faster through assets financed by liabilities. 2. Debts are simply non-repayment.

    3. With regard to the issue of debts, after accepting the application, the people's court shall, after examining the facts and evidence provided by the creditor, issue a payment order to the debtor within 15 days from the date of acceptance if the creditor's rights and debts are clear and legal.

  3. Anonymous users2024-02-14

    Hello classmates, I'm glad to answer for you!

    Assets, liabilities and owners' equity (also known as net worth) are the basic concepts of asset-liability accounting. Assets generally refer to the various properties and claims owned by the institution, liabilities refer to the debts of the institution, and owner's equity refers to the balance of assets minus liabilities. Asset-liability accounting refers to the comprehensive accounting of the assets owned and the liabilities assumed by a country or a region or an institutional sector at a certain point in time (such as at the beginning or end of the period).

    This kind of accounting work is carried out on the basis of basic accounting, that is, accounting is carried out according to the balance sheet in the final accounts of each unit. The assets in the balance sheet of each unit include current assets, long-term assets, intangible, deferred and other assets; Liabilities include current liabilities, long-term liabilities and other liabilities; Owner's equity is the difference between assets and liabilities, which can also be referred to as own funds.

    Gordon wishes you a happy life!

  4. Anonymous users2024-02-13

    Liabilities are current obligations incurred by a business.

    The expectation of liabilities will lead to an outflow of economic benefits from the enterprise.

    Liabilities are formed by past transactions or events of the enterprise.

  5. Anonymous users2024-02-12

    The difference between debt and debt is as follows:1. Liabilities belong to assets, and you can make money faster through assets financed by liabilities.

    2. Debts are simply non-repayment.

    3. With regard to the issue of debts, after accepting the application, the people's court shall, after examining the facts and evidence provided by the creditor, issue a payment order to the debtor within 15 days from the date of acceptance if the creditor's rights and debts are clear and legal.

  6. Anonymous users2024-02-11

    The difference between debt and debt is as follows:

    1. The scope of inclusion is different

    Liabilities include 20 items, namely, income from electric power construction, income from the construction of the Three Gorges Project, income from road maintenance fees, income from vehicle purchase surcharges, income from railway construction, income from highway construction, income from civil aviation infrastructure construction, income from postal and telecommunications surcharges, and income from port construction fees

    Local telephone initial installation income, civil aviation airport management and construction fee income, decentralized port maintenance port income, tobacco business monopoly profit income, iodized salt income, bulk cement special fund income, subsidy income, postal subsidy special fund income, wall materials special income, railway construction surcharge income and airworthiness income.

    The debts include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge and other taxes and fees paid by enterprises in accordance with the law

    Taxes and fees such as compensation for mineral resources, stamp duty, cultivated land occupation tax, and individual income tax collected and paid by enterprises before being handed over to the state.

    2. The calculation method is different

    The debt is calculated as follows:

    Net operating income = operating income - operating expenses - depreciation of productive fixed assets - production tax + net income from rental housing, net income from leasing other assets and net rent converted from self-owned housing, etc. Net property income does not include premium income from the transfer of ownership of assets.

    The formula for calculating liabilities is expressed as: real growth rate of per capita disposable income = (per capita disposable income in the reporting period per capita disposable income in the base period) Household consumption** index -100%.

    3. The nature is different

    Debt is determined by social connotation factors, cost is the embodiment of value, and debt is often not equal to value.

    Encyclopedia - Liabilities.

    Encyclopedia - Debt.

  7. Anonymous users2024-02-10

    Legal Analysis: Debt refers to the creditor's provision of funds to the debtor in order to obtain interest and the debtor's commitment to repay these funds at an agreed date in the future.

    Liabilities refer to the current obligations of the enterprise that are expected to result in the outflow of economic benefits from the enterprise, which is the part of the entire balance sheet that is formed by past transactions or events.

    Legal basis: Civil Code of the People's Republic of China

    Article 559:When the creditor's rights and debts are terminated, the subordinate rights of the creditor's rights shall be extinguished at the same time, except as otherwise provided by law or otherwise agreed by the parties.

    Article 560:Where the debtor bears several debts of the same type to the same creditor, and the debtor's payment is insufficient to pay off all the debts, the debtor shall designate the debtor to perform the debts at the time of repayment, unless otherwise agreed by the parties. If the debtor fails to designate it, it shall give priority to the performance of the debts that have matured; If several debts are due, priority shall be given to the performance of the debts that lack guarantee to the creditor or have the least guarantee; if there is no guarantee or the guarantee is equal, priority shall be given to the performance of the debtor's heavier debts; where the burden is the same, it shall be performed in the order in which the debts are due; If the maturity time is the same, it shall be performed in accordance with the proportion of the debt.

  8. Anonymous users2024-02-09

    The difference between a debt and a debt is as follows:1. Liabilities are assets, and assets that can be financed through liabilities can make money faster.

    2. Debts are simply non-repayment.

    3. For the issue of debts, after accepting the application, the people's court shall, after examining the facts and evidence provided by the creditor, issue a payment order to the debtor within 10 days and 5 days from the date of acceptance, if the creditor's rights and debts are clear and legal.

  9. Anonymous users2024-02-08

    The word debt and debt, I believe everyone is familiar with it, many people think that it means debt, in fact, these are two different concepts, what is the difference between debt and debt.

    Liabilities are expressed in the accounting balance sheet as total liabilities, i.e., total liabilities. Such as notes payable, accounts payable, bonds payable, wages payable, etc. Debt refers to the formation of past transactions and events, and debt refers to the creditor providing funds to the debtor in order to obtain interest and the debtor agrees to repay these funds at an agreed date in the future.

    It is borne by the unit or individual, and it is expected that the accounting will include the current obligations of the unit or individual that will lead to the loss of economic benefits, including various borrowings, payments due to collapse, advance payments, etc. Sometimes, working to pay off all debts, such as accounts receivable, is not a debt.

    Debt generally refers to the debt formed by borrowing the actual amount, which is generally interest. It can be understood as: interest-bearing liabilities. Debt refers to the current obligations of the enterprise that are expected to flow out of the enterprise due to past transactions and events, and is the part of the overall debt of the balance sheet.

    Debt is essentially an economic debt that an enterprise must repay after a certain period of time, and its repayment period and specific amount are subject to the provisions and restrictions of contracts and regulations when it occurs or is established, and are obligations that the enterprise must fulfill.

    Debt is debt, and in general, the debt financing of listed companies accounts for the main part of borrowing money from banks. The proportion of financing from the bond market is relatively small. The difference between liabilities and liabilities is that the former includes non-borrowed commercial credit such as receivables and payables, while the latter only includes short-term borrowings and long-term borrowings.

    In summary, debt is the bill and other payables payable in the balance sheet, which is interest-free, and debt is the payment of external loans, etc., which requires the payment of interest and the obligation to repay the debt after due date, and the debt also includes a part of the debt.

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