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2015-12-18T18:08:46+05:30

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Current liabilities are those liabilities which we have to pay within 12 months. For example, trade payables. 
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2015-12-19T16:31:47+05:30

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The liabilities that should be paid within one year in full are called current liabilities. 

Accounts payableAccrued expenses Accrued InterestBank account overdraftsBank loans or notes payable Current maturities of long-term debt Customer deposits or unearned revenue Dividends payable - and so on.
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