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1. Current Liabilities – Obligations which are payable within 12 months or within the operating cycle of a business are known as current liabilities. They are short-term ... See More
Short time liabilities: that company must pay during one year. Long term liabilities: is the liabilities that a compnay must pay in long term ( more than one year). Con ... See More
Short time liabilities: that company must pay during one year. Long term liabilities: is the liabilities that a compnay must pay in long term ( more than one year). Con ... See More
Current Liabilities Long Term Liabilties Contigent Liabilities
Liabilities are financial obligations or debts that a company or individual owes to others.
No, Liabilities are classified into two types; Current liabilities Long-term current liabilities or non-current liabilities