Accountancy, asked by exceptionalmeno, 1 year ago

is total debt included in non current liabilities?
please answer fast.
thank you

Answers

Answered by shubhjitspyadav
2
Sometimes liability and debt mean the same thing. For instance in the debt-to-equity ratio, debt means the total amount of liabilities. In this case, debt not only includes short-term and long-term loans and bonds payable, debt also includes accrued wages and utilities, income taxes payable, and other liabilities.

exceptionalmeno: thank you :) .
shubhjitspyadav: wlc
shubhjitspyadav: mark me brainlist
exceptionalmeno: i cant there has to be one more answer for brainliest answer option to appear.
exceptionalmeno: i have one more question though
exceptionalmeno: should i write total debt under NON CURRENT LIABILITIES - other long term borrowing section?
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