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Home › CBSE Class 12 (Commerce) › Accountancy › Financial Statements of a Company › Trade payables due beyond twelve months or the o…

Trade payables due beyond twelve months or the operating cycle go under

AOther current liabilities
BShort-term borrowings
CLong-term provisions
DOther long-term liabilities
Answer & Solution
Correct answer: D. Other long-term liabilities
Trade payables to be settled after twelve months are shown as other long-term liabilities with a supporting note.
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