Liabilities are generally divided into current liabilities and long-term liabilities according to repayment speed or repayment time:

(1) Current liabilities refer to debts that will be repaid within a business cycle of 1 year or more, mainly including short-term loans, notes payable, accounts payable, accounts receivable in advance, salaries payable to employees, taxes payable, profits payable, other payables and accrued expenses.

(2) Long-term liabilities refer to debts with repayment period of 1 year or more than one business cycle, including long-term loans, bonds payable and long-term payables.

If you need funds, you can consider a loan from Ping An Bank. You can log in to Ping An Pocket Bank APP- Finance-Loan-Housing Loan for details and try to apply.

Reply time: 202 1-09-08. Please refer to the latest business changes announced by Ping An Bank in official website.

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