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Give one example for current liability.

+1 vote

asked Jul 14, 2018 in Class 12 by kratos

Give one example for current liability.

accounting software package
class-12
accounts of not-for-profit organisation
cbse

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1 Answer

+6 votes

answered Jul 17, 2020 by kratos

Best answer

Current liabilities → Creditors, Bills payable, Short term provisions, Short term borrowings.

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