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Question : Which of the following are not included in  Non -  Current  liabilities?

Option 1: Long-term Borrowings

Option 2: Deferred Tax Liabilities (Net)

Option 3: Other Long-term Liabilities

Option 4: Trade payable 


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Trade payable


Solution : Answer = Trade payable

Trade payables are classified as current liabilities because they represent amounts owed to suppliers for goods and services purchased on credit, typically payable within one year. Non-current liabilities are long-term financial obligations that are not expected to be settled within the next twelve months.
Hence, the correct option is 4.

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