short on cashflow

This entry was posted on Friday, September 4th, 2009. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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current liability

September 4, 2009 | Author: Sally | Filed under: Glossary

a liability expected to be settled within the fiscal year or the normal operating cycle

Examples of current liabilities include wages, taxes, account payables.

A current liability is the opposite of a long-term liability.

Find out more about liabilities here.

Read more about current liabilities here.

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2 people have left comments

long-term liability–Short On Cashflow - Gravatar

long-term liability–Short On Cashflow said on September 4, 2009, 2:35 pm:

[...] This entry was posted on Friday, September 4th, 2009. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. « current liability [...]

liability–Short On Cashflow - Gravatar

liability–Short On Cashflow said on September 4, 2009, 2:40 pm:

[...] can be divided into two categories: current liabilities (such as wages, taxes, account payables) and long-term or fixed liabilities (such as long-term [...]

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