Question: Dear sir, can you explain my question please? QUESTION 5 What are the main characteristics of li- abilities? How is Value Added Tax recorded in

Dear sir, can you explain my question please? QUESTION 5 What

Dear sir, can you explain my question please?

QUESTION 5 What are the main characteristics of li- abilities? How is Value Added Tax recorded in Turkey? Is it considered an expense of a business? Why or why not? What is a contingent liability? Provide some examples of contingencies. What are bonds? What are the types of bonds in Turkey? What are the legal re- gulations relating to bonds in Turkey? Which institutions can issue bonds

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