Business Studies, asked by nikhilsam6222, 8 months ago

Give some examples of Current Liabilities.

Answers

Answered by ᏕɱartYᎶᴜʀɭ
4

Explanation:

The following are common examples of current liabilities:

  • Accounts payable. These are the trade payables due to suppliers, usually as evidenced by supplier invoices.
  • Sales taxes payable. ...
  • Payroll taxes payable. ...
  • Income taxes payable. ...
  • Interest payable. ...
  • Bank account overdrafts. ...
  • Accrued expenses. ...
  • Customer deposits.
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