Short-term debt is a financial obligation that is expected to be paid off within a year. Such obligations are also called ...

The current portion of long-term debt (CPLTD) refers to the portion of long-term debt that must be paid within the next year.

Current liabilities are short-term business debts that are due to be paid before the end of the current fiscal year. These upcoming charges are reported on a company’s balance sheet. Current ...

Almost all businesses have liabilities, which are debts and money owed for things such as property, materials, labor and business income taxes. To remain financially stable and develop a proper budget ...

Consumers are most likely to encounter balloon-type debt in the form of balloon mortgages. If you have a balloon mortgage, you make relatively small monthly payments. At the end of the repayment ...

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

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