Question and answer
Explain current liabilities?
Question|Rated good
Asked 3/14/2012 6:34:40 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
g
Get an answer
Original conversation
User: Explain current liabilities?





Weegy: Current liabilities is a balance sheet item which equals the sum of all money owed by a company and due within one year. also called payables or current debt. Read more:
Expert answered|sharpies|Points 7058|

User: What is it important to distinguish between current and long-term liabilities?

Weegy: Current liabilities are the obligations that are due within one year of the balance sheet’s date and will require cash payment or will need to be renewed. [ Knowing which liabilities will have to be paid within one year is important to lenders, financial analysts, owners, and executives of the company. (Current assets include cash and other assets that will turn to cash within one year. ]
Expert answered|sharpies|Points 7058|

Question|Rated good
Asked 3/14/2012 6:34:40 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
33,358,760
questions answered
Popular Conversations
Select the TRUE statement:
Weegy: Could you please provide the statements? User: Select the TRUE statement: A. An emergency plan only needs to ...
2/14/2021 1:01:06 AM| 2 Answers
Cirrhosis is a disease that affects which of the listed organs
Weegy: Cirrhosis is a disease that affects Liver. User: True or false you may drive with parking lights only in ...
2/14/2021 3:59:28 AM| 2 Answers
As you approach an intersection, an oncoming vehicle suddenly turns ...
Weegy: You should brake hard and move to the left side of your lane. Aim for the space behind the turning vehicle. ...
2/14/2021 4:01:11 AM| 2 Answers
You are towing a trailer behind your vehicle. When following other ...
Weegy: You are towing a trailer behind your vehicle. When following other vehicles you should use: double the following ...
2/14/2021 4:09:02 AM| 2 Answers
A basic premise of the National Response Framework is that:
Weegy: User: Which of the following is a benefit of Unified Command?
2/14/2021 5:34:44 AM| 2 Answers
Increases in the world s population will require an increase in ...
Weegy: Increases in the world s population will require an increase in sustainable practices. TRUE. User: How can ...
2/14/2021 6:30:33 PM| 2 Answers
the patels took out a 15-year mortgage. how many monthly payments ...
Weegy: The Patels took out a 15-year mortgage. The Patels have to make 180 monthly payments. 15x12=180 User: whats ...
2/15/2021 2:57:57 AM| 2 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
P
P
1
P
L
1
L
Points 680 [Total 10138] Ratings 4 Comments 640 Invitations 0 Offline
S
L
P
Points 594 [Total 4940] Ratings 0 Comments 594 Invitations 0 Offline
S
L
Points 494 [Total 732] Ratings 3 Comments 464 Invitations 0 Offline
S
L
Points 450 [Total 1632] Ratings 1 Comments 440 Invitations 0 Offline
S
L
Points 423 [Total 2546] Ratings 1 Comments 413 Invitations 0 Offline
S
R
L
Points 346 [Total 1327] Ratings 0 Comments 346 Invitations 0 Offline
S
L
1
Points 279 [Total 3483] Ratings 3 Comments 249 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
Points 260 [Total 3052] Ratings 25 Comments 10 Invitations 0 Offline
S
L
1
1
1
1
1
Points 110 [Total 1600] Ratings 11 Comments 0 Invitations 0 Offline
S
L
R
P
P
R
Points 96 [Total 3732] Ratings 0 Comments 96 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.