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Artemon [7]
3 years ago
9

G Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:

Business
1 answer:
harina [27]3 years ago
8 0

Answer:

Current liabilities

Explanation:

Liabilities are debts that a company owes to other parties. They are classified based on when payment is due.

Those due within a short period are called current liabilities while those due in the distant future are called long term liability.

Current liability payments falls within one year or the operating cycle of a business whichever is longer.

They occur as a result of purchases made on credit payable in a short period

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Aleksandr [31]

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