Question

Give four examples by which the current liabilities decrease​

Answer 1

Current portion of deferred revenue, such as prepayments by customers for work not completed or earned yet. Current maturities of long-term debt. Interest payable on outstanding debts, including long-term obligations. Income taxes owed within the next year.

Explanation:

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Answer 2

Current Liabilities in simple terms are all the amounts of money that one owe to other people.

The four examples by which the current liabilities decrease are:-

• Increasing Income:- Renting out unaccustomed office space, evaluating waste or pristine products and discerning if it has any value, vend advertising space on your website example Google Adsense and YPN.

• Replace existing loans:- Replace Loans that have a lower interest rate, secured ones (replacing unsecured loans) for reducing the interest rate and guaranteed loans which are guaranteed by shareholders for reducing the interest rate

• Restructuring assets:- Selling of unnecessary assets such as surplus or old equipment and cars

• Raising Of More Capital:- One can raise more capital by simply finding more investors such as venture capitalists.

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