1.Current liabilities include: *
bills payable
creditors
outstanding expenses
all of these
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Explanation:
Current liabilities are typically settled using current assets, which are assets that are used up within one year. Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes own
Typically, non-current liabilities are posted in a company's Balance Sheet as a separate entry. ... Some of the non-current liabilities examples include – long-term debt payable, long-term loans payable, deferred tax liabilities, long-term bonds payable, pension benefit obligations, long-term lease obligations, etc.
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