Current Liability
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
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.
a current liability
current liability
Yes, service trucks do usually have restrictions on how they're used while they are rented out. They have different trucks for different users.
1 Million in Canada, 2 million in the states, More lawsuits in U.S and less restrictions on how much you can sue for.
Yes, provided there are no restrictions associated with the product that you intend to reverse engineer. Such restrictions are typically found in license agreements that come with software products or software that is part of a product. One way to avoid liability associated with such licenses is to be the second or even third buyer. KT
LIMITED COMPANY is a company with limited stockholder liability: a company whose owners and managers enjoy limited liability and some tax benefits, but avoid some restrictions associated with S corporations A Public LIMITED COMPANY is a company with limited stockholder liability: a company in the United Kingdom whose shares can be bought and sold on the stock market and whose stockholders are subject to restricted liability for any debts or losses. One is open to the public and the other is not.
A strategic liability is a liability that is strategic.
Current Liability
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
A Broad Form covers the named insured to drive any owned or non owned vehicles (subject to restrictions). For liability insurance, be it one or twenty cars - it's the same price.
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
It comes under liability
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.