What are current liabilities
Current liabilities are expected to be paid within one year.
Example of current liabilities includes are trade payable, proposed dividend,
tax payable, loan installment, and bank overdraft.
CURRENT
|
$
|
Trade Payable
|
5,000
|
Loan repayable
|
2,000
|
Tax payable
|
1,000
|
Proposed Dividend
|
500
|
Bank overdraft
|
200
|
8,700
|
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