current liability
Non-current liability, all provisions are non current.
a current liability
Payment On Current Liability Debit The Current Liability (say Sundry Creditor) (Liability Decreases) Credit Cash Or Bank (Current Asset Decreases)
Yes, it is a current liability.
current liability
Non-current liability, all provisions are non current.
a current liability
Payment On Current Liability Debit The Current Liability (say Sundry Creditor) (Liability Decreases) Credit Cash Or Bank (Current Asset Decreases)
Yes, it is a current liability.
Current Liability: Current liability is a specific liability and it is short term and mostly it is paid within the year. Total Liability: Total liability is the sum of all liabilities like current liabilities, outstanding liabilities etc.
Yes it is a current liability
Current Liability
Eletric current
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
Accounts receivable is a current asset, never a current liability.
Retained Earnings is a Non-Current Liability