There are three types of liabilities. Current or short term liabilities, long term liabilities, Contigent liabilities.?

Question added by Asad Nawab , Senior Accountant , Computer & Systems Engineering Company
Date Posted: 2023/12/19

Upvote (0) Views (1) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

What is the deference b/n long term liability and short term liability?
Top Answer: The liability which will be payable after one year that's called Long Term Liability but which is due wit ... See More

Answers (8)
Private warehousing is own or occupied on a short-term or long-term lease? Assumes both _ and _ so that warehouse remains full.
Top Answer: Thanks for the invite I leave the answer to experts specialists See More

Answers (9)
Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Top Answer: >>>>>>>>>>> Reducing current assets, increasing current liabilities, and ... See More

Answers (8)
What is the term Current Ration?
Top Answer: <p>Current Ratio is the net liquidity of the firm and measures its immediate ability to meet its cu ... See More

Answers (27)