Debts listed as current liabilities are those that will be paid in less than one year. are due to be paid in 5-10 years. are due to be paid in more than one year. are owed to the stockholders and will never be paid.
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In accounting, current liabilities are short-term financial obligations that are due within one year or one operating cycle, whichever is longer. Show more…
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'Short-term liabilities are those liabilities that will be paid in less than one year b are due to be paid in 5 to 10 years are due to be paid in more than one year d. are liabilities owed to the owner and will never be paid'
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long term liabilities are those which are expected to be paid within onenyear
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why is my answer wrong? thank you.
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