Current liabilities, Accounting Standards

Current Liabilities

We have studied about liabilities are claims of outsiders against the business. Conversely, these are amounts owed through the business to people who have lent money or provided goods or services on credit. If these liabilities are unpaid within an accounting period or the operating cycle of the business, they are categorized as current liabilities. Several of such liabilities are incurred in the acquisition of materials or services forming part of the current assets. As was the case along with current assets and liabilities are also listed in the sequence of their relative liquidity.

Posted Date: 4/3/2013 6:37:14 AM | Location : United States







Related Discussions:- Current liabilities, Assignment Help, Ask Question on Current liabilities, Get Answer, Expert's Help, Current liabilities Discussions

Write discussion on Current liabilities
Your posts are moderated
Related Questions
the relevance of standard costing

Organize the Trading Account from the subsequent details: Office Rent Rs. 5,000;Purchases Rs. 80,100; Opening stock Rs.25, 000; Stock at the end Rs. 15,000; Carriage Inward Rs.

QUESTION The recognition of human capital by modern businesses has led to the development of Human Resource Accounting (HRA) Required- (a) Explain the following terms-

This is a 2,000 words assignment. There is list of 5 questions. I would love to get it done in 3 days. Could you please let me know whether you are capable of getting it done. Than


In previous section you learnt about the accounting involves four stages: (i)  recording the transactions, (ii)  classifying-the transactions, (iii) summarising  the trans

To finish this scenario, use the Confidence Interval Calculator Sheets 1,2,3 and the Area Gas Prices - Random Sample Excel file, linked in the Resources. The Minneapolis Star Tr

JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is, an employee is entitled to the pay

procedure followed in govt.system of accounting in india

i need guidance note, expert advisory help or contoveries on AS 13