Loans payable on demand should be treated as part of ______.

Trade payables

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Short term borrowings

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Trade receivables

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All of these

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Solution

The correct option is B
Short term borrowings

Loans payable on demand should be treated as part of Short-term borrowings.

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Similar questions

What relationships will be established to study:

a. Inventory Turnover

b. Trade Receivables Turnover

c. Trade Payables Turnover

d. Working Capital Turnover

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

Q. State giving reasons, which of the following transactions would improve, reduce or not change the Current Ratio, if Current Ratio of a company is (i) 1:1; or (ii) 0.8:1:
(a) Cash paid to Trade Payables.
(b) Purchase of Stock-in-Trade on credit.
(c) Purchase of Stock-in-Trade for cash.
(d) Payment of Dividend payable.
(e) Bills Payable discharged.
(f) Bills Receivable endorsed to a Creditor.
(g) Bills Receivable endorsed to a Creditor dishonoured.

The net profit for the year 31.3.2018 is Rs. 1,35,000 Trade Payables and Trade Receivables for 31.3.2018 is Rs. 70,000 and Rs. 31,000 respectively and Trade Payables and Trade Receivables for 31.3.2017 is Rs. 50,000 and Rs. 21,000. What is the cash flow from operating activities?

Q. Short-term borrowings will include all loans which needs to be settled within a period of from the date of the loan.

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Loans payable on demand should be treated as part of ______.

The correct option is B Short term borrowings Loans payable on demand should be treated as part of Short-term borrowings.

The correct option is B
Short term borrowings

Loans payable on demand should be treated as part of Short-term borrowings.