Current liability does not include _______________.

Sundry creditors

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Acceptances

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Unclaimed dividend

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Short-term investment

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C Short-term investment
Short term investment are those when a company invest in shares or bonds of another company for a short period i.e. less than 12 months. Investments are classifies as Investment and to be shown in assets side of the balance sheet.

Suggest Corrections

Similar questions

Current assets of a business firm should be financed through:

(a) Current liability only

(b) Long-term liability only

A fixed asset should be financed through

(a) a long term liability

(b) a short term liability

Current assets of a business firm should be financed through

(a) current liability only

(b) long-term liability only

Join BYJU'S Learning Program