What is the difference between a current liability and a long-term liability?

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Oct 14, 2011 05:00 AM

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What is the difference between a current liability and a long-term liability?

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Current liabilities are liabilities that will be due ...View the full answer

Financial and Managerial Accounting

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