Current Liabilities

Current liabilities are obligations that are expected to be sufficient to be liquidated through use of current assets or the creation of other current liabilities. This concept includes:

•   Debt stemming from akisisi goods and services: accounts payable, payroll debt, tax debt, and others.
•    Billing unearned sebelu goods delivered or services are rendered as rental income that has not been produced or subscription revenues that have not been produced.
•      Other obligations that the liquidation will be carried out in the operating cycle as part of long-term bonds to be paid in the current period, or short-term liabilities from purchases of equipment.

 Current liabilities include items da non-trade notes and trade accounts payable, advances received from customers, and the current portion of long-term debt maturities. Income tax and other accrual items are classified separately, if material. Any obligation that is guaranteed for example, shares held as collateral for the notes payable should be fully explained in the notes to ensure that assets such securities can be identified