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Fill in the blanks with appropriate meaningful terms/concepts. Related topic: Current Liabilities (marks: 1.5) A...

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Accounting

Fill in the blanks with appropriate meaningful terms/concepts. Related topic: Current Liabilities (marks: 1.5)

A general thing used to differentiate the current from non-current liabilities is a companys typical----------------- sometimes also called as -----------------.

Current liabilities are reported on the ------------------- whereas the --------------- in current liabilities from the beginning of an accounting period to the end are reported on the ------------ as part of the ------------------.

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