According to IASB Frmework liability is defined as follows:
In simple words, liability is an obligation of the entity to transfer cash or other resources to another party.
Liability could for instance be a bank loan, which obligates the entity to pay loan installments over the duration of the loan to the bank along with the associated interest cost. Alternatively, an entity's liability could be a trade payable arising from the purchase of goods from a supplier on credit.
Liabilities may be classified into Current and Non-Current. The distinction is made on the basis of time period within which the liability is expected to be settled by the entity.
Current Liability is one which the entity expects to pay off within one year from the reporting date.
Non-Current Liability is one which the entity expects to settle after one year from the reporting date.
Following are examples the common types of liabilities along with their usual classifications.
|Long Term Bank Loan||Non-current|
|Short Term Bank Loan||current|
It may be appropriate to break up a single liability into their current and non current portions. For instance, a bank loan spanning two years and carrying 2 equal installments payable at the end of each year would be classified half as current and half as non-current liability at the inception of loan.Phenom Black Puma Puma Phenom Puma Phenom Black Black Phenom Black Puma a5qz1z
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|Element of Financial Statements||Nat Salerno 1 Hamilton Grey amp; Sally Melvin LS Morning U6COUx|
Sneakers adidas Boost Stella Barricade McCartney Tennis By Green Sneakers
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This item has visible signs of wear
There are a lot of reasons to buy this fabulous shoe some of them being the incredible technology that's integrated into it along with the fact that it's designed by world class fashion designer Stella McCartney, daughter of the legendary Beatle - Paul McCartney. This beautiful shoe comes equipped with a synthetic mesh that offers extra breathability, an EVA core that offers a near-perfect fit, ADIPRENE technology that enhances footpower, a TORISON system for extra stability, ADIPRENE under the heel that provides extra cushioning along with a durable ADIWEAR outsole. So what's your reason for not buying it?
A modern mesh design puts the adidas by Stella McCartney signature on these lightweight, high-performing tennis shoes. Made with ADIPRENE(R) cushioning under the heel to keep you flying across the court.Layered synthetic mesh upper for maximum breathability and light weightShaped EVA core for a comfortable and snug fitADIPRENE(R)+ in the forefoot maintains propulsion and efficiencyTORSION(R) SYSTEM for midfoot integrity; Molded EVA insole for anatomical comfortADIPRENE(R) under the heel for superior cushioning at impact; miCoach compatibleADIWEAR(TM) 6 outsole offers the ultimate in high-wear durabilityImported
If all you do is win, then show off what you're made of with confident style and explosive comfort in the Stella McCartney Barricade 2015 sneaker from adidas(R)!
Durable mesh upper for breathability features an internal bootie for lateral support and stability.
Lace-up closure for an adjustable fit.
Textile lining for additional comfort on the foot.
Durable outsole in high wear areas provide a secure grip for a pleasurable wearing experience.
adiPRENE(R)+ in the forefoot maintains propulsion and efficiency.
adiPRENE(R) under the heel for superior cushioning at impact.
Product measurements were taken using size 7.5, width B - Medium. Please note that measurements may vary by size.
Weight of footwear is based on a single item, not a pair.
Weight: 10 oz
The adidas Women's Barricade Boost 2017 Tennis Shoes build unprecedented innovation on top of an already excellent and tested model, making these the shoes to buy in this season. This years iteration of the iconic shoe features as innovative 3D triangular chassis that provides for adaptive midfoot support leaves the forefoot to move and flex naturally. With these added benefits, plus the great technology that has been in the shoe for years,you will have a leg up on the competition. Inspired by fashion icon Stella McCartney, these shoes will easily dazzle onlookers.
Upper: New knitted upper naturally forms to your foot, as well as helping to reduce irritation and uncomfortability.
Insole: Molded dual-density ADIPRENE EVA insole.
Midsole: ADIPRENE + cushioning element in the rearfoot and forefoot. Barricade Chassis for superior support and maximum stability.
Outsole: AdiWear 6 high abrasion rubber delivers maximum outsole durability. Non marking outsole. 3D triangular-chassis allows for midfoot support and forefoot freedom and flexibility.
Regular (M, B)
Mon 9/3/18 - Fri 9/7/18 (4-8 days)
This item is Final Sale and may not be returned. We recommend taking a good look at all item details before ordering.
Final Sale items purchased in the U.S. are eligible for a full refund if the listing is misrepresented.
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