The liabilities that are payable in more than a year and are not be liquidated from current assets?
وہ واجبات جو ایک سال سے زیادہ عرصے میں قابل ادائیگی ہیں اور موجودہ اثاثوں سے ختم نہیں کیے گئے ہیں؟
Answer: Fixed liabilities
Explanation
The liabilities that are payable in more than a year and are not to be liquidated from current assets are fixed liabilities.
These are long-term obligations like bonds or long-term loans that extend beyond the current operating eecycle.
This question appeared in
Past Papers (2 times)
Account Officer Past Papers, Syllabus, Jobs (1 times)
SPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
ACCOUNTING (1 times)
Related MCQs
- The excess of current assets over current liabilities is called:
- Which of the following statements is TRUE? Assets = Liabilities - Capital, Assets = Capital + Liabilities,Capital = Assets - Liabilities, None of these
- Every member of assembly shall submit to the __________, on or before ________ each year, a copy of his statement of assets and liabilities.
- Assets-Liabilities =
- When an assets and liabilities report to submit to ECP
- The difference between assets and liabilities is called as ______?
- Which thing increase assets and decrease liabilities
- Which one of the following is correct? Capital is equal to assets minus liabilities
- Verification of the value of assets, liabilities, the balance of reserves, provision, and the amount of profit earned or loss suffered a firm is called _____?
- ABC Ltd. has a Current Ratio of 1.5 : 1 and Net Current Assets of Rs. 5,00,000. What are the Current Assets?
