Class 11 Accountancy Notes · CBSE

Liabilities

Meaning of liabilities, internal vs external liabilities, classification into non-current and current liabilities with examples and Companies Act 2013 criteria.

Last updated: 8 Jun 2026

Notes

Liabilities

Accounting Terminology: Liabilities — learn the meaning of liabilities, internal versus external liabilities, and classification into non-current and current liabilities with examples and Companies Act 2013 criteria. CBSE Class 11 Accountancy revision notes with liability classification.