Chapter 4
Current Liabilities
155
AS-6 (
1
)
List at least three examples of determinable (known) liabilities.
AS-7 (
1
)
Define non-determinable (unknown) liabilities.
AS-8 (
1
)
List at least two examples of non-determinable (unknown) liabilities.
AS-9 (
1
)
What is a bank overdraft?
