5 Examples of Current Liabilities (Balance Sheet Analysis)

Current liabilities are a company's short-term financial obligations that are due within one year. Lets analyze the balance sheet to what type of categories can be included in current liabilities.
0:27 Accounts Payable
1:26 Accrued Expenses
2:54 Accrued Payroll
4:20 Current Portion of Long-Term Debt
5:12 Unearned Revenue
5 examples on noncurrent liabilities included on the balance sheet:
1) Accounts Payable: trade goods and services which have been incurred and are unpaid as of the balance sheet date
2) Accrued Expenses: expense incurred, but not paid or entered through accounts payable
3) Accrued Payroll: compensation that has been earned, but not paid
4) Current portion of long term debt: principal owed within a year
5) Unearned Revenue: cash received before goods and/or services have been performed and/or earned with the next 12 months
Also check out:
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5 Examples of Noncurrent Liabilities found on the Balance Sheet
• 5 Examples of Noncurre...
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