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What are the 8 current liabilities?

Current liabilities are the sum of Notes Payable, Accounts Payable, Short-Term Loans, Accrued Expenses, Unearned Revenue, Current Portion of Long-Term Debts, Other Short-Term Debts.

What are 10 current liabilities?

Some examples of current liabilities that appear on the balance sheet include accounts payable, payroll due, payroll taxes, accrued expenses, short-term notes payable, income taxes, interest payable, accrued interest, utilities, rental fees, and other short-term debts.

What are the top 10 liabilities?

Accounts payable, notes payable, accrued expenses, long-term debt, deferred revenue, unearned revenue, contingent liabilities, lease obligations, pension liabilities, and income taxes payable are the ten types of liabilities in accounting that provide information about a companys financial obligations and

What are the liabilities in financial reporting?

Liabilities can be short-term, such as credit card debt, or long-term, such as mortgages. Many businesses use financial liability reporting services to prepare their annual financial statements. These services follow GAAP standards and report most liabilities on the balance sheet portion of the financial statements.

What are 20 liabilities?

Types of Liabilities Based on Categorization Types of LiabilityList of Liabilities Current Liabilities Accounts Payable Short-term Loans Accrued Expenses Bank Account Overdrafts Bills Payable Income Taxes Payable Customer Deposits Salaries Payable Contingent Liabilities Warranty Liability Lawsuits Payable Investigation1 more row