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1. Current Liabilities Current liabilities are obligations that a company expects to settle within one year or the operating cycle, whichever is longer. They include: Ac ... See More
Liabilities are present obligations of the entity transfer an economoc resource as a result of past events. Contingent liabilities,provision,warranty also is obligation e ... See More
Liabilities are obligations that a business owes to either internal (e.g., owner) or an external party (e.g., lenders). They can be categorized into four main types: Cu ... See More
Liabilities are any debts the company has, whether it's bank loans, mortgages, unpaid bills, IOUs, or any other sum of money that you owe someone else. If you'v ... See More
Businesses sort their liabilities into two categories: current and long-term. Current liabilities are debts payable within one year, whilelong tirm liabilities are debts ... See More
The two types of liabilities that's always recorded in balance sheet namely : 1. Current Liabilities such as, account payable, debt notes, bank debt within 1 year, t ... See More
Current liabilities which are due within the reporting period. Non-current liabilities which are due outside the reporting period. Capital or owner's equity which re ... See More
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There are three major types of liabilities. These are as under: Long term Liabilities: Debts and obligation that are due after one year from the reporting date, such as L ... See More
Liabilities can be broadly categorized into various types based on their nature and the time frame within which they are expected to be settled. Here are the main types: ... See More