what is the meaning of the current liability????
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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. Current liabilities are typically settled using current assets, which are assets that are used up within one year.
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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. ... An example of a current liability is money owed to suppliers in the form of accounts payable.
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