91影视

Liability is the legally payable amount to the party in the future. Examples of liabilities are accounts payable, accrued expenses, wages, and taxes payable in the future.

The amount payable $25,000,000 is due on June 30, 2018 is a current liability, and at any cost, it is payable to the party so it cannot be excluded from current liability.

A deposit of $6,250,000 was received from Rodriguez. Rodriguez is the customer, and he paid the deposit for the order of equipment so that deposit is the advance payment for selling the equipment and that deposit will adjust toward the due payment of sell of equipment to Rodriguez Corporation in future so it would be excluded from current liabilities.

$3,750,000 is the salary payable to the staff that is due on January 14, 2018 is current liabilities of Rodriguez Corporation. Rodriguez Corporation will have to pay this salary to staff so salary would not be excluded from current liabilities.