LIABILITY

Options

A. debt
B. debit
C. asset
D. credit

Answer

A

Explanation

debt (Noun): a sum of money that somebody owes
liability (Noun) : the state of being legally responsible for something
debit (Noun) : a written note in a bank account or other financial record of a sum of money spent
asset (Noun) : a person or thing that is valuable or useful, a thing ofvalue property, money, etc.
credit (Noun) : an arrangement that you make, to pay later for something you buy