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What items are required to be included under the heading “Current Liabilities”? - Accounts

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Question

What items are required to be included under the heading “Current Liabilities”?

Very Short Answer
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Solution

  1. Short-term borrowings
  2. Trade payables
  3. Other current liabilities
  4. Short-term provisions
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Chapter 9: Financial Statements of Companies - SHORT ANSWER QUESTIONS [Page 9.53]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 9 Financial Statements of Companies
SHORT ANSWER QUESTIONS | Q 4. | Page 9.53
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