Accountancy, asked by apatidar770071, 10 months ago

Best definition of non current liabilities

Answers

Answered by saritasingh2815

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.

Answered by Masubi

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

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