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Accounting
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The debts which are to be repaid within a short period (year or less) are known as

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Correct Answer: Option A
The debts which are to be repaid within a short period (year or less) are known as Current liabilities. Current liabilities are a company's debts or obligations that are due within one year or within a normal operating cycle.
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Farhan Javed
Farhan Javed 4 years ago
what are fixed and contigent liabilities