Question

Best definition of non current liabilities​

Answer 1

Hey here is your answerNoncurrent liabilities are those obligations not due for settlement within one year. These liabilities are separately classified in an entity's balance sheet, away from current liabilities. Examples of noncurrent liabilities are: Long-term portion of debt payable.

Answer 2

Current liabilities are an enterprise's obligations or debts that are due within a year or within the normal functioning cycle.