Loans which are repayable in more than twelve months/operating cycle are classified as ______ on the face of balance sheet.

Long term borrowings

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Short term borrowings

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Current maturities to long term debt

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All of these

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Solution

The correct option is A
Long term borrowings

Loans which are repayable in more than twelve months/operating cycle are classified as long-term borrowings on the face of balance sheet.

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Similar questions

Investments expected to realise beyond operating cycle which is more than twelve months are considered as ____

Trade payables to be settled beyond 12 months from the date of balance sheet or beyond the operating cycle are classified under _____


Case	Operating Cycle Period (Months)	Expected Realisation Period (Months)

1	10	11
2	10	12
3	10	13
4	14	13
5	15	16

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