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Is wages current liabilitys or non current liabilitys?
If wages already paid then it is current expense, if wages are payable within current fiscal year then it is current liabilities, if wages are payable in morethan one fiscal year that the amount payable in current fiscal year is current liability and the remaining amount will be treated as long term liability.
What is the total amount spent on the software expense category for the current fiscal year?
The total amount spent on software expenses for the current fiscal year is 500,000.
What does fiscal mean?
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
How do current assets differ from the current liabilities?
Current assets are different from current liabilities in this sense that current assets are usable in current fiscal year to generate revenue while current liabilities are all those amount or items which are already used in current fiscal year and amount is still payable in current year.
What is differentaite fixed asset from current asset?
Current assets are those which are usable within one fiscal year while fixed assets are usable for morethan one fiscal year.
What is the total amount spent on the PO Box expense category for the current fiscal year?
The total amount spent on the PO Box expense category for the current fiscal year is 5,000.
Current assets are those assets that can be converted into cash within?
Current assets are those assets which are usable within one fiscal year of business and converted within one fiscal year.
What does FY mean?
fiscal year
What does la fisca mean?
The fiscal
Does -fy mean?
fiscal year
Is common stock a current asset?
If a common stock of other entity is purchased with the intentions to resale in current fiscal period then it is current asset. Otherwise, if it is purchased with the intention to retain for more than one fiscal year then it is long term asset.
Is bonds payable of 5000 issued at 99 dollars is it a current liability or noncurrent liability?
If this bond payable is payable within one fiscal year then it is current liability otherwise if it is not payable within one fiscal year then it is non current liability.
