Practice free →
Home › CBSE Class 12 (Commerce) › Accountancy › Computerised Accounting System › Trade Payables are shown under which group?

Trade Payables are shown under which group?

ANon-Current Assets
BNon-Current Liabilities
CCurrent Liabilities
DShareholder's Funds
Answer & Solution
Correct answer: C. Current Liabilities
Trade payables are amounts owed to suppliers in the short term, hence current liabilities.
Solve this in the app — CBSE Class 12 (Commerce) practice & 24k+ MCQs →
Related questions