answersLogoWhite

0

To find current liabilities in a company's financial statements, look for items such as Accounts Payable, short-term loans, accrued expenses, and other obligations that are due within one year. These can typically be found on the balance sheet under the liabilities section.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

Where is senior debt presented on financial statements?

Current Liabilities


Where is working capital typically located on financial statements?

Working capital is typically located on the balance sheet of a company's financial statements. It is calculated by subtracting current liabilities from current assets.


In what order are liabilities listed on the balance sheet and 65311?

Liabilities on the balance sheet are typically listed in order of their maturity, starting with current liabilities followed by long-term liabilities. Current liabilities, which are obligations due within one year, include items like accounts payable and short-term loans. Long-term liabilities, such as bonds payable and long-term loans, follow after current liabilities. This order helps users of the financial statements assess the company's short-term and long-term financial obligations.


What are general purpose financial statements?

A financial statement includes the following: Current Assets Non-Current Assets (add those together) Total Assets Current Liabilities Non-Current Liabilities (add those together) Total Liabilities (Total assets less total liabilities) Net Assets Equity is calculated below and the total of equity needs to balance with the net assets figure.


Are current assets always greater than current liabilities?

No, current assets are not always greater than current liabilities. The relationship between the two depends on a company's financial situation. If current liabilities exceed current assets, it may indicate liquidity problems, potentially leading to financial distress. Conversely, having more current assets than liabilities is generally a sign of good short-term financial health.


Which statement shows liabilities?

Balance sheet is the financial statement which shows all the current as well as non-current liabilities of business.


What is current laibilities?

The outstanding financial commitments a company has at the time of enquiring what these liabilities are


What is the IFRS term for creditors?

In IFRS (International Financial Reporting Standards), the term for creditors is typically referred to as "liabilities." More specifically, they can be categorized as current liabilities or non-current liabilities, depending on their payment terms. Current liabilities are obligations due within one year, while non-current liabilities are due beyond one year.


What are different kinds of liability?

There are several types of liabilities but for financial accounting liabilities are generally split into current and long term liabilities. Current liabilities are accounts payable and loans that payment is made on demand. Long term liabilities are debts that payable more than a year out.


If current liabilities are 7714 and total liabilities are 18187 what is the ratio of current liabilities to total 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%


What is called a financial ration that measures the ability to pay current liabilities with liquid assets?

The financial ratio that measures the ability to pay current liabilities with liquid assets is called the "current ratio." It is calculated by dividing a company’s current assets by its current liabilities. A higher current ratio indicates better liquidity and financial health, suggesting that the company can easily meet its short-term obligations. A ratio below 1 may indicate potential liquidity problems.


What quick ratio indicates?

Quick ratio indicates company's liquidity and ability to meet its financial liabilities. Formula of quick ratio = (Current assets - Inventory)/Current Liabilities