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There are several types of liabilities but for financial accounting liabilities are generally split into current and long term liabilities. Current liabilities are Accounts Payable and loans that payment is made on demand. Long term liabilities are debts that payable more than a year out.
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What are kinds of corporation?
There are 3 kinds: S corporation, C corporation and Limited Liability Company (LLC)
Are there different kinds of billing software for different industries?
Yes, there are many different kinds of billing software. Many different kinds are used even within the same industry.
Is tax credit a dollar for dollar reduction of the tax payer'stax liability?
Yes. There are two kinds: refundable and non-refundable. If a non-refundable credit exceeds the taxpayer's liability, the excess credit is lost. If a refundable credit exceeds the taxpayer's liability, the excess is refunded to the taxpayer.
Is Creditors an asset or liability?
Current Liability
How is a liability increased by a credit or debit?
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
Do you need a car to get liability insurance?
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
What different kinds of insurance policies does Prestige Insurance offer?
"Auto insurance provides property, liability and medical coverage:
What are kinds of corporation?
There are 3 kinds: S corporation, C corporation and Limited Liability Company (LLC)
Classes of partnership?
There are numerous different kinds of partnership organizations, or classes, that businesses can choose. Examples include Limited Partnerships and Limited Liability Limited Partnerships.
Will different kinds of salt make different kinds of crystals?
Yes. Different kinds of salt can make different kinds of crystals
What is public liability insurance and how is it different from general liability insurance?
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
What is the fomulae for energy?
There are different formulae for calculating different kinds of energy.There are different formulae for calculating different kinds of energy.There are different formulae for calculating different kinds of energy.There are different formulae for calculating different kinds of energy.
What are the different kinds of fungus?
The four different kinds of fungi are:-ZygomycetesAscomycetesBasidiomycetesDeutereomycetesThe different kinds of fungi are:- ZygomycetesAscomycetesBasidiomycetesDeuteromycetes.
What are the different kinds of writting?
what are the different kinds of writting
What is reporting and what are the different kinds of it?
Answering "What is reporting and what are the different kinds of it?"
How many different kinds of Lamborghini?
There are about 30 different kinds
What are the different kinds of guns?
what are the different kinds of bb guns
