There are several different types of liabilities. The two main types are current and long term. Then there are contingent liabilities which can be classified as either current or long time.
company assets and liabilities.
Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%
liabilities can be classified as short term liabilities and long term liabilities
Liabilities Liabilities
Liabilities
company assets and liabilities.
Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%
liabilities can be classified as short term liabilities and long term liabilities
Whether your money can be garnished depends on the type of business you have. If you have a corporation, your personal liabilities are separate from your business liabilities, which means your corporation's bank account will not be garnished.
current liabilities and long term liabilities
Liabilities Liabilities
Liabilities
Assets - Capital = Liabilities
Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.
A company has a total assets of 10250 dollars and its owner equity is 5000 dollars how much are the liabilities of the company?assets = liabilities + equity$10,250 = liabilities + $5,000 --> liabilities = $10,250 - $5,000 = $5,250In Personal Finance
Using GAAP the terms Current Liabilities and Fixed Liabilities (Long-Term Liabilities) the differences are simpleCurrent Liabilities are liabilities that the company can expect to pay off in a short period of time (one year or less)While Long-Term Liabilities (fixed) are liabilities that the company will pay over over a longer period of time (more than one year)
Current liabilities are those liabilities and payables that would be paid withing 12 months