liabilities are the obligations or debts that a business must pay in cash or in goods and services at some future time because of past transactions or events called and how are they reported
According to BusinessDictionary.com, services are "intangible products such as accounting, banking, cleaning, consulting, education, insurance, expertise, healthcare, and transportation." 2a: Work done by good people. b: Help, Use, Advantage, and Willing to Help Business services are described as activities that support a business but do not offer a tangible product. For example, information technology is one business service that supports many other business services such as shipping, procurement, and finance.
General services include, but are not limited to, pest control, cleaning services, laundry services, catering services, security services, lawn care services, and equipment maintenance. means support services performed by an independent contractor.
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