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There are two typer of LiabilitiesCurrent Liabilities Non-Current Liabilities
There are 3 tYpes of Libilities : 1. Short Term Libilities: Libilities which is payable within one year 2. long term Libilities : Libilities Which is payable after 1 year ... Voir Plus
Short Term Liabilities: mostly debts that need to be paid within a year. Long Term Liabilities: are debts that can be paid in a longer period of time. Contigent Liabiliti ... Voir Plus
Controls superceded
Liabilities in accounting are classified into two main types: current liabilities and long-term liabilities.Current liabilities are obligations that are due within a year ... Voir Plus
Below are the types of Liabilities: Current liabilities which are due within one year of FS. Non Current liabilities which are due any time after the 1 year of FS. Conti ... Voir Plus
Current liabilities: usally payable within one year. Exp: Account payable, Outstanding payable, wages payable, Short term loans, Demand loan Non current liabilities: Pay ... Voir Plus
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 ... Voir Plus