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Current liabilities vs. short term debt
What is the difference between the two? I always thought they were the same thing but evidently there is a diff.
Both are defined as debt that must be repaid within 12 months, but there must be something I'm missing. When you check the balance sheet of Timberline, the current liabilities are $16.4 mil while the short term debt is 0.
Help it has been too long since I had accounting. Can someone explain and speak slowly por favor.

The Dude
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