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प्रश्न
What is meant by Current Liabilities?
What are Current Liabilities?
लघु उत्तर
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उत्तर
Current liabilities are obligations that a firm must pay within one year or within its operational cycle, whichever is longer. These liabilities indicate the company’s short-term financial obligations, which must be fulfilled with current assets. These include Bank Overdraft, Trade Payables, Outstanding expenses, provision for taxation, proposed dividends, etc.
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