What are Current Liabilities?
Answers were Sorted based on User's Feedback
Answer / jyoti arneja
current liablities are those liabilities which company have
to pay with in one year it may be :
1> creditiors
2> bill payables
3> provision for taxes
4> unclaimed dividend
5> prerecieve income
Is This Answer Correct ? | 20 Yes | 2 No |
Answer / chandrasekhar hota
Current Liabilities consist of the following:
-amounts due to the supliers of the goods & services bought
on credit;
-advance payments received;
-accrued expenses;
-unclaimed dividends;
-provisions for taxes;
-dividends;
-gratuity;
-pensions etc.
Is This Answer Correct ? | 8 Yes | 5 No |
Answer / prince
Current liabilities are, will come due to within a year from
the current date. These usually include accounts payable,
accrued expenses, and the portion of long-term obligations
and short term loans like debts due within one year and
creditors, provisions for taxes.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vandana gupta
company's debts or obligations that are due within one
year. Current liabilities appear on the company's balance
sheet and include short term debt, accounts payable,
accrued liabilities and other debts.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / soumya
company's debts or obligations that are due within one
year. Current liabilities appear on the company's balance
sheet and include short term debt, accounts payable,
accrued liabilities and other debts.
Essentially, these are bills that are due to creditors and
suppliers within a short period of time. Normally,
companies withdraw or cash current assets in order to pay
their current liabilities.
Analysts and creditors will often use the current ratio,
(which divides current assets by liabilities), or the quick
ratio, (which divides current assets minus inventories by
current liabilities), to determine whether a company has
the ability to pay off its current liabilities
Is This Answer Correct ? | 4 Yes | 2 No |
Answer / anjibabu
CURRENT LIABILITY ITS UNCLIAMD DIVIDED, SECURITY LOANS, BILL
PAYABLE ,DEBTORS THIS ARE CURRENT LIABILITY
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeepreddy
current liabilities means payment shortly .that means 1
year peroid
Is This Answer Correct ? | 2 Yes | 2 No |
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