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There are three Liabilities: Current, stands for those liabilities which are normally due and payable within a year. Non-current (long term) are those liabilities that d ... See More
In finance, liabilities are obligations that a company or individual owes to others. They are typically classified into three main categories: Current Liabilities: Thes ... See More
There are three types of liabilities. 1-Current or short term liabilities are due liabilities and payable within one year. 2-long term liabilities are non current liabili ... See More
Types of Liabilities: 1️⃣ Current Liabilities (Short-Term Obligations) ⏳ Liabilities that must be settled within one year or an operating cycle.✅ Accounts Payable – Payme ... See More
Liabilities can be of may types which can be classified as under 1. Current Liabilities 2. Non Current Liabilities 3. Contigent Liabilities 4. Accrued Liabilities
Current liabilities Accounts payable: Bills that are owed to vendors but not yet paid Interest payable: Interest that has been incurred but not yet paid Bank account ov ... See More
Liabilities are financial obligations that a company must fulfill, and they are essential for managing cash flow, financial planning, and business growth.
There are various reosans behind this , like Security Protocol , Compliance Requirement, Verification process , System Design & last but not least Protecting payee in ... See More
In accounting, liabilities are debts that a business or organization owes to third parties. They are classified into three main types: current, non-current, and contingen ... See More