单词 | current liabilities |
释义 | current liabilities current liabilities Amounts owed by a business to other organizations and individuals that should be paid within one year from the balance-sheet date. These generally consist of trade creditors, bills of exchange payable, amounts owed to group and related companies, taxation, social-security creditors, proposed dividends, accruals, deferred income, payments received on account, bank overdrafts, and short-term loans. Any long-term loans repayable within one year from the balance-sheet date should also be included. Current liabilities are distinguished from long-term liabilities on the balance sheet. |
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