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What are the current liabilities & current Assets
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Answer Posted / christosherlin
Current liabilities includes things such as short term
loans, accounts payable, dividends and interest payable,
bonds payable, consumer deposits.
Accounts Payable - The Most Popular Current Liability
Current Assets are the assets which can be easily
convertable into cash within one business cycle. some of
them are short-term investments, accounts receivable, cash
in hand, cash at bank and other various current assets.
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