Accountancy, asked by priyakchauhan97226, 9 months ago

what is the meaning of the current liability????​

Answers

Answered by bella112
4

Explanation:

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. Current liabilities are typically settled using current assets, which are assets that are used up within one year.

Answered by Anonymous
12

Answer:

hlo dear ❤

Explanation:

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.

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