The debts which are to be repaid within a short period (a year or less) are referred to as,
A. Current Liabilities
B. Fixed liabilities
C. Contingent liabilities
D. All the above
Answer:A
The debts which are to be repaid within a short period (a year or less) are referred to as,
A. Current Liabilities B. Fixed liabilities C. Contingent liabilities D. All the above