Question

What type of liabilities fall under current liabilities?

Answer 1

                                      CURRENT LIABILITIES

"Liabilities that are to be paid to creditors within a period of twelve months fall under the category of current liabilities."

e.g

Trade payables
Tax payable
Accruals

Thanks for asking. Hope it helps you!

Answer 2

Answer:

CURRENT

LIABILITIES

"Liabilities that are to be paid to creditors

within a period of twelve months fall

under the category of current liabilities."

e.g

Trade payables

lax payable

Accruals