The kind of debts which are needed to be repaid in a short term is known as?

5.The kind of debts which are needed to be repaid in a short term is known as?

  1. Fixed Liabilities
  2. Current Liabilities
  3. Depreciating Assets
  4. Intangible Assets

Answer: B) Current Liabilities

Explanation:

Current Liabilities are the debts that needed to be repaid in a short period.

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