Unfortunately, what you say is not how Manager works, @Prasanna. Nor does it reflect accounting reality. Money cannot be spent from a liability account, which records how much you owe. A business’s money can only be spent from a bank or cash account, both of which are asset accounts.
Money can be spent on behalf of the company from owners’ or employees’ personal funds. The way to record such transactions is with expense claims, which create liabilities. But those liabilities can only be retired by spending money from a cash or bank account or by crediting an owner’s equity (capital) account.
So there is never a time when money would be spent from a liability account.