If the operating cycle is 15 months & the payment period is 18 months, then the transaction is classified as .
A
other current
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
current
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
non-current
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
other non-current
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C non-current If the operating cycle and payment period are not happening within 12 months, then it is classified as non-current.