What is a Current Liability? Explained Simply!

Find out what current liabilities are and how they impact your business with our simple explanation and examples.

To find out more about liabilities check out our videos on:

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[Roger-mq]

Interesting perspective, knowing current liabilities and comparing them to current assets indicates short term health of the company! Also the heads up on unearned revenue and what other financial obligations a business may incur in 12 months is appreciated.