Another term for "current" is "flow," especially when referring to the movement of electric charge or fluid. In a more general context, "present" can also be used to denote something happening now. Additionally, in the context of trends or events, "contemporary" may serve as a synonym.
No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.
Current liabilities are liabilities that are due within 12 months. Short term debt is a current liability. However, there are other current liabilities. For example, taxes payable, interest payable, wages payable, accounts payable. Therefore, short term debt is not the same as current liabilities. (Short term debt is a current liability, but not all current liabilities are short term debt.)
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
Certainly! Items such as cash, inventory, and accounts receivable are typically classified as current assets, but under certain circumstances, such as being held for long-term investment, they can be considered non-current. Conversely, property, plant, and equipment are generally non-current assets, but if they are held for sale in the short term, they can be classified as current. Other examples include short-term investments (current) that may be reclassified as non-current if held longer, and prepaid expenses (current) that may not be utilized within a year, thus becoming non-current.
If investments are for short term then these are current assets but if these are for long term then non-current assets.
Term in office. 4 years for president. The current term is the current 4 year period but is used for school semesters and other periods described as a "term".
No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.
Current liabilities are liabilities that are due within 12 months. Short term debt is a current liability. However, there are other current liabilities. For example, taxes payable, interest payable, wages payable, accounts payable. Therefore, short term debt is not the same as current liabilities. (Short term debt is a current liability, but not all current liabilities are short term debt.)
If investments made for short term securities then it is current assets other wise non-current assets.
Long-term (current) use of other medications
if loans given for short term period then current assets but if given for long term then non-current assets.
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
The current portion of long-term debt is classified with the ____
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
Certainly! Items such as cash, inventory, and accounts receivable are typically classified as current assets, but under certain circumstances, such as being held for long-term investment, they can be considered non-current. Conversely, property, plant, and equipment are generally non-current assets, but if they are held for sale in the short term, they can be classified as current. Other examples include short-term investments (current) that may be reclassified as non-current if held longer, and prepaid expenses (current) that may not be utilized within a year, thus becoming non-current.
Current portion of long term loan is classified as current liability and shown under current liability section of balance sheet.