Home › CBSE Class 11 (Commerce) › Accountancy › Financial Statements of Sole Proprietorship › Which of these is a current liability?
Which of these is a current liability?
ASundry creditors
BLong-term loan
COwner's capital
DGoodwill of firm
Answer & Solution
Correct answer: A. Sundry creditors
Sundry creditors are due within a year and are usually paid out of current assets.
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