Question

Q4Explain following accounting terms.
(1) Creditor (2) Fixed Assets (3) Capital
(4) Current Liabilities​

Answer 1

Answer:

I think 4th is wright answer bro

Answer 2

(1) Creditor:

• A person or company to whom money is owing.

(2) Fixed Assets:

• Also known as tangible assets or property, plant, and equipment (PP&E)—is an accounting term for assets and property that cannot be easily converted into cash. The word fixed indicates that these assets will not be used up, consumed, or sold in the current accounting year. Fixed assets are capitalized.

(3) Capital :

• Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.

(4) Current Liabilities​:

• Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. An example of a current liability is money owed to suppliers in the form of accounts payable.