Question

Which term best describes debts incurred in an office, but not yet paid?

A) Revenue
B) Liabilities
C) Assets
D) Equity

Answer 1

Liabilities is the term that best describes debts incurred in an office, but not yet paid.

Step-by-step explanation:

The subject of question is Humanities.

The term that best describes debts incurred in an office, but not yet paid is Liabilities.

Liabilities are obligations that a company owes to others, and they can include debts, loans, or unpaid bills. These debts represent money that the company will need to pay in the future.