What is the correct spelling for LIABLITES?

The correct spelling of "liablites" is "liabilities". This common misspelling can be corrected by replacing the "t" with an "i". It is crucial to ensure accurate spelling when discussing financial matters, as liabilities refer to an entity's debts and obligations.

Correct spellings for LIABLITES

  • liabilities The company's liabilities exceeded their assets, leading to their bankruptcy.