Interested to Buy Any Domain ? << Click Here >> for more details...
As per accounting standards, what is the meaning of "Short
Term Liabilities and Long Term Liabilities:? As the Company
can change the classification based on their business? Or
these meanings are fixed?
- 4 Answers
- 7638 Views
- I also Faced
- E-Mail Answers
Answer Posted / shirish
Short term liabilites means those liabilities which are
paid imedately like Bills Payble and lond term liabilities
are those liabilities which are taken for use of long
period like Share capital Bank o/d.
No.
These are fixed.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Explain what does financial statement of the company includes?
Why does the accounting equation have to balance?
What was the most difficult deal you had to close?
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
What is the difference between perpetual & periodic inventory system?
is we can prepare any account for partnership in tally
What are the advantages of computer accounting over paper accounting?
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
Debit Card Come Under Which group in Tally 9?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Define trade bills?
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
What are the major components of country's trade account?
