Question

what is current liabilty class 11?Plz answer in simple words​

Answer 1

Answer:

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Explanation:

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. ... Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes owed.

Answer 2

Explanation:

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes owed.

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