Current Liabilities mean —

Related MCQs

• Excess of current asset over current liabilities is known as _________ capital
• Long term assets being `3,00,000, current Assets `80,000, outside liabilities `1,20,000. Find owners equity-
• The liabilities that are payable in more than a year and are not be liquidated from current assets
• In peicemeal distribution of cash, the first external liabilities to be paid are…
• Pro-rata payment is applicable when the cash available for competing liabilities of the same class is..
• Trade liabilities include ………..
• A Statement of assets and liabilities prepared under the single entry system is called:
• The fundamental accounting equation Assets = liabilities is the formal expression of
• In non – profit organizations excess of assets over liabilities is called
• Gross assets – liabilities will be equal to