Companies typically will use their short-term assets or current ... a current liability. Some examples of current liabilities that appear on the balance sheet include accounts payable, payroll ...
There are five sections on a balance sheet: current assets, non-current assets ... there is little standardization of account nomenclature. For example, even the balance sheet has such alternative ...
Other assets that appear in the balance sheet are called long-term or fixed ... they're long-term liabilities. Here are examples of current liabilities: Accounts payable include all expenses ...