The debts which are to be repaid within a short period (year or less) are known as Options: A . &nbspCurrent liabilities B . &nbspFixed liabilities C . &nbspContingent liabilities D . &nbspAll of the above

The debts which are to be repaid within a short period (year or less) are known

Question

The debts which are to be repaid within a short period (year or less) are known as

Options:

A . Current liabilities

B . Fixed liabilities

C . Contingent liabilities

D . All of the above

Answer: Option A

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