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Accountancy

When we check the debt equity test. Do we consider current liabilities as debt? Is current maturities of long term borrowings a non current liability.

Shamseer

CA Inter

★ 120

19-Sep-23 11:54

Answers (1)

Best Answer

Yes, we should consider current liabilities as a debt. Current maturities of long term borrowings is a current liability, under other Current liabilities