incurrence of liabilities
1Current liabilities — A debt or other obligation that must be discharged within one year or the normal operating cycle of the utility by expending a current asset or the incurrence of another short term obligation. Current liabilities include accounts payable, short …
2Income statement — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
3National accounts — Economics …
4in|cur|rence — «ihn KUR uhns», noun. the act or fact of incurring: »the incurrence of liabilities …
