Current Liability = sundry creditor+bank overdraft+ expenses payable+provision for tax,divident
There is no such formula
It says so in the formula
To calculate the course to steer, first determine the current heading and the desired destination's bearing. Next, use the information from a compass or a navigation chart to adjust for any wind or current that may affect your path. The formula typically involves taking the desired bearing and correcting it based on the drift caused by environmental factors. Finally, the resulting angle will give you the course to steer to reach your destination efficiently.
e^(i*x)=cos(x)+i*sin(x) pretty sweet formula
the formula you are going to use to answer the equation
current ratio = current asset divided by current liability
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
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
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.