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 |
Does the president have the power to allocate funds,without Legislative approval, to be used directly by individual companies?
what is BASEL accord and what are BASEL II norms
10 Answers Indian Overseas Bank,
On what basis do banks offer loans?
0 Answers State Bank Of India SBI,
What do you know about equity market?
Which is the first bank that was incorporated at the initiative of world bank and in which year?
how many types of account
Discuss the advantages and the limitations of the LPG Policy, 1991?
0 Answers State Bank Of India SBI,
What is Bancassurance?
What is the term given to people who trade in derivatives?
my client wont maintain customer wise credit control area how we maintain credit control customer wese?
Take Over Means?
What is agricultural income & how is agricultural income is totally exempt from tax (ref sec.10(1) of incimetax act)?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)