Give some examples of Current Liabilities.
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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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