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Home › CBSE Class 12 (Commerce) › Accountancy › Computerised Accounting System › Which item is classed under Non-Current Liabilit…

Which item is classed under Non-Current Liabilities?

AOther Current Liabilities
BShort Term Borrowings
CReserves and Surplus
DLong Term Borrowings
Answer & Solution
Correct answer: D. Long Term Borrowings
Long term borrowings are due after a year, so they sit in non-current liabilities.
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