All those liabilities which are payable in cash in the normal course of business within a period of one year are called ___________.
A. long term liabilities.
B. overdraft.
C. short term loans.
D. current liabilities.
Answer:D
All those liabilities which are payable in cash in the normal course of business within a period of one year are called ___________.
A. long term liabilities. B. overdraft. C. short term loans. D. current liabilities.