INTERMEDIATE ACCOUNTING(LL)+ACCESS
INTERMEDIATE ACCOUNTING(LL)+ACCESS
17th Edition
ISBN: 9781119503583
Author: Kieso
Publisher: JOHN WILEY+SONS INC.
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Chapter 13, Problem 4Q
To determine

Current liability: Current liability refers to the debts of an organization. It is an obligation of the company that is due to be paid within one year.

To determine the relation of current liabilities to current assets and operating cycle.

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