I need answer typing clear urjent no chatgpt used i will give upvotes The kind of debts which are neededto be repaid in a short term is knownas?Fixed LiabilitiesCurrent LiabilitiesDepreciating AssetsIntangible Assets

Current liablities are short term obligations to the company that need to be settle within a year or…

Answered: The kind of debts which are needed to…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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The kind of debts which are needed to be repaid in a short term is known as? Fixed Liabilities Current Liabilities Depreciating Assets Intangible Assets