statement of financial position

This topic has 1 reply, 2 voices, and was last updated 15 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
January 22, 2011 at 8:09 pm #47231
mclara
Member
- Topics: 1
- Replies: 2
please help me?what is the differrence between non current and current liabities?
February 1, 2011 at 12:54 pm #76534
MikeLittle
Keymaster
- Topics: 27
- Replies: 23370
the due date for settling the debt.

If it falls due for settlement within the 12 months after the company’s year end, then it’s a current liability. If the settlement date is more than 12 months into the future, then it’s a non-current liability
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.