the xbrl defines the relationships between each element such accounts payable being a component of current liabilities and current liabilities, in turn are a component of total liabilities.

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05-12-2022
Business

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the xbrl defines the relationships between each element such accounts payable being a component of current liabilities and current liabilities, in turn are a component of total liabilities.

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Jaiswaljyotiidn Jaiswaljyotiidn · Answer 1 · 2022-12-08T02:54:45-05:00

the xbrl taxonomy defines the relationships between each element such as accounts payable being a component of current liabilities and current liabilities, in turn, being a component of total liabilities.

The XBRL (eXtensible Business Reporting Language) framework is a free and universal method of exchanging business data. The semantic meaning that is frequently required in corporate reporting can be expressed using XBRL. The language is XML-based and makes use of XML Schema, XLink, XPath, and Namespaces, as well as other related XML technologies. Defining and exchanging financial data, such as a financial statement is one application of XBRL. XBRL International, Inc. created and released the XBRL Specification (XII).

To know more about XBRL, visit;

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