Another major difference between the two is that Alzheimerâs is not a reversible disease. It is degenerative and incurable at this time. Some forms of dementia, such as a drug interaction or a vitamin deficiency, are actually reversible or temporary.
If the total value of a nation's exports exceeds the total value of imports, the nation has a trade surplus. The current account deficit is a broader measure that includes the trade deficit and is itself part of a broader measure, the balance of payments. The balance of payments is the sum of all transactions between a nation and all of its international trading partners.
Confidence votes 5.0K. Yes, Current Liabilities are liabilities that will be paid off in one year or less. Accounts payable is where you record such liabilities. If it's a payment that will be made in more than one year such as a car loan, then it is considered Notes Payable is is a Long Term Liability.