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Finance Assignment Help With Current Liabilities

Current Liabilities

Current liabilities are those liabilities that are expected to be settled in the entity ’ s normal operating cycle, held primarily for trading and due to be settled within 12 months after the balance sheet date. Typical current liabilities that appear on the face of the balance sheet include:

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  • Accounts Payable
  • Notes Payable
  • Accrued Liabilities
  • Unearned Revenue
  • Creditors

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