Question
The kind of debts which are needed to be repaid in a
short term is known as?Solution
The kind of debts which are needed to be repaid in a short term is known as "Current Liabilities." Current liabilities are obligations or debts that a company is expected to settle within a short period, usually within one year or the operating cycle. These liabilities typically include items such as accounts payable, short-term loans, accrued expenses, and other obligations that come due in the near future. Current liabilities are an important component of a company's financial position and are listed on the balance sheet under the liabilities section.
With respect to Marginal Costing, which of the following statement is incorrect?
In the context of filing of financial statements by a company, the term “XBRL” means......................
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, what is the Margin of safety in % if the budgeted units are 1,00,000.
Which of the following is considered as nominal account?
What is the minimum amount of loan outstanding of a borrower or guarantor, for them to be classified as a Wilful Defaulter?
A listed insurer remeasures its defined benefit plan obligation at year-end, and also records fair value changes of equity instruments irrevocably desig...
Which of the following is not allowed in small accounts?
The costs which were incurred in the past and ignored under capital budgeting are known as_____.
The cost of sales is equal to:
Which of the following assessee is not liable to pay advance tax u/s 207?
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