alleryStart learning →The shortest bucket in the trade payables ageing schedule is
ALess than 1 year
BLess than 6 months
CLess than 2 years
DLess than 3 months
Answer & Solution
Correct answer: A. Less than 1 year
Trade payables are aged as less than 1 year, 1-2 years, 2-3 years and more than 3 years from the due date.
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