Question

which one of the following are both examples of current liabilities?
Debtors and creditors
Overdraft and debtors
creditors and overdraft
creditors and mortgage

Answer 1

Answer:

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. An operating cycle, also referred to as the cash conversion cycle, is the time it takes a company to purchase inventory and convert it to cash from sales

Explanation:

creditors and mortgage

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