Current liabilities are all debts of the company that are expected to be paid within the next 12 months.

Non-current  liabilities are obligations that a company expects to pay after one year.

Non-current assets include long-term investments, property, plant and equipment (fixed assets).

Contributed capital is a financial statement that reports a business’s assets, liabilities, and equity on a specific date.

Retained earnings are the profits that the owners do not take out of the business but instead save for use by the business.