Some current assets include:CashMarket able securitiesA/C ReceivableSome current liabilities include:A/C payableNotes Payable
Current Assets:1 - cash2 - bank3 - inventoryCurrent liabilities:1- accounts payable2 - loan payable3 - tax payable etc
Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%
Non-current assets are assets for which useful life are expected to be used for > 12 months and classified according to company's capitalization policy. Examples are building, machinery, land,and motor vehicles. Non-current liabilities are liabilities not expected to be repaid in the next 12 months. Examples are long term bank loan and lease payable.
accounts payable short term loan payable
Some current assets include:CashMarket able securitiesA/C ReceivableSome current liabilities include:A/C payableNotes Payable
Current Assets:1 - cash2 - bank3 - inventoryCurrent liabilities:1- accounts payable2 - loan payable3 - tax payable etc
Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%
current ratio and acid test ratio are examples of liquidity ratios'. current ratio is current asset's/ current liabilities. acid test ratio is current assets- stock / current liabilities.
Non-current assets are assets for which useful life are expected to be used for > 12 months and classified according to company's capitalization policy. Examples are building, machinery, land,and motor vehicles. Non-current liabilities are liabilities not expected to be repaid in the next 12 months. Examples are long term bank loan and lease payable.
accounts payable short term loan payable
If you are asking the differences between the two, it is pretty much straightforward.Current Liabilities are any liabilities that you owe and you can reasonably pay off in one-year or less (or one accounting cycle) OR LESSNon-Current (aka Long-Term) Liabilities are liabilities that you cannot or do not expect to pay off in one year (accounting cycle), such as a Long Term Mortgage or Truck Note for examples.
Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.
Current liabilities are those liabilities and payables that would be paid withing 12 months
Current liabilities to total assets ratio is the comparison between total assets in business with current liabilities in business.
Current liabilities included all liabilities payable in current fiscal year like accounts payable, current portion of long term liability etc.
Liabilities which are not due in current fiscal year are called non current liabilities like long term bonds, share capital etc.