CURRENT LIABILITIES Definition

Bookmark and Share

CURRENT LIABILITIES are liabilities to be paid within one year of the balance sheet date.

Learn new Accounting Terms

PRODUCT INVOICE is an invoice associated with a tangible or physical item as opposed to a service or professional invoice. See PROFESSIONAL INVOICE and SERVICE INVOICE.

CLIENT is someone who pays for goods or services.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.