Question

The liabilities of companies are divided how many need​

Answer 1

Explanation:

Classification of Liabilities

These are the three main classifications of liabilities:

Current liabilities (short-term liabilities) are liabilities that are due and payable within one year.

Non-current liabilities (long-term liabilities) are liabilities that are due after a year or more.

Contingent liabilities are liabilities that may or may not arise, depending on a certain event