Question

which are current liabilities and non current liabilities?

Answer 1

Answer:

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.

Explanation:

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Answer 2

Answer:

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