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Monetary assets and liabilities |
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Monetary assets and liabilitiesAssets and liabilities with contractual payoffs.Monetary assets and liabilities Similar MatchesOther long term liabilitiesOther long term liabilitiesValue of leases, future employee benefits, deferred taxes, and other obligations not requiring interest payments that must be paid over a period of more than one year. Permanent spontaneous current LiabilitiesPermanent spontaneous current LiabilitiesThe minimum level of spontaneous liabilities that is always maintained by a firm. Long term liabilitiesLong term liabilitiesDebts of a company which are not due for repayment in the next accounting period. LiabilitiesLiabilitiesThe debts of a person or company. See 'current liabilities', 'long term liabilities', 'contingent liabilities'. LiabilitiesLiabilitiesBasically, liabilities are debts that you have and the regular outgoing payments that you make.The reason you must show your bank statements is usually to help the underwriters identify anything in your current expenditure that may impinge upon your ability to repay the loan. They want to know about any other mortgages, debts, credit cards, HP agreements, loans, overdraft facilities, maintenance and court orders. You will normally have to show three to six months worth of bank statements to help demonstrate that the figures you provide them with are accurate. Further SuggestionsExisting liabilitiesSpontaneous Liabilities contingent liabilities Current liabilities current liabilities Spontaneous Current Liabilities Nonmonetary assets and liabilities Pension liabilities |
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