Borrowings by a business which are not expected to be repaid in the next year...

FINANCIAL
POST UTME OAU

Borrowings by a business which are not expected to be repaid in the next year is known as

  • Options A) Loans
  • B) Liabilities
  • C) Non-current liabilities
  • D) Current liabilities

Correct Answer: C) Non-current liabilities

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