All of them are long term borrowings except _____________.

Cash credits

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Public deposits

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Debentures

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Both A & C

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Solution

The correct option is A Cash credits
Long-term borrowings generally refers to a company's loans and other liabilities that will not become due within one year of the balance sheet date. Public deposits and debenture comes within the ambit of long-term borrowings as they are taken for more than a financial period. A cash credit is a short-term cash loan to a company provided by banks on their current account.

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Similar questions

Particulars ulars	Note No.	31st March, 2012 (₹)	31st March, 2011 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		12,00,000	8,00,000
(b) Reserves and Surplus (Surplus, i.e., Balance in Statement of Profit and Loss)		3,50,000	4,00,000
2. Non-Current Liabilities
Long-term Borrowings		4,40,000	3,50,000
3. Current Liabilities
(a) Trade Payables		60,000	50,000
Total Total Expenses		20,50,000	16,00,000
II. ASSETS
1, Non-Current Assets
Fixed Assets:
Tangible Assets		12,00,000	9,00,000
2. Current Assets
(a) Inventories		2,00,000	1,00,000
(b) Trade Receivables		3,10,000	2,30,000
(c) Cash and Cash Equivalents		3,40,000	3,70,000
Total		20,50,000	16,00,000

A Treasury Bill is basically

(a) An instrument to borrow short-term funds

(b) An instrument to borrow long-term funds

(d) None of the above

Short-term borrowings will include all loans within a period of _____ from the date of the loan.

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