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Banking

Total Current Liabilities

The aggregate amount of an entity’s obligations that will be settled (paid off) using current assets. That is, the sum…

Current Accounts

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…

Total Current Assets

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…

Cash

The most liquid form of assets which includes petty cash funds, bank deposit balances, and cash equivalents. Cash equivalents are…

Current Liability

A liability that includes all debts that fall due within one year or during a firm’s operating cycle. Namely, current…

Current Asset

An asset that can be converted into cash or used to pay current liabilities within one year or during a…

Current Ratio

A liquidity measure (also, a short-term solvency measure) that relates current assets to current liabilities: This ratio is a measure...

A/R

It stands for accounts receivable; money that is owned to an entity by its customers for economic resources (goods/ services)...

Accounts Receivable

Money that is owned to an entity by its customers for economic resources (goods/ services) that have been sold and...

Receivables

Money that is owned to an entity by its customers for economic resources (goods/ services) that have been sold and...