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Question
name different items under 'other current liabilities' , 'other current assets' , 'other non current assets' and 'other non current liabilities'
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Solution
Dear Student,
Other Current Liabilities: Interest accrued but not due on borrowings, unclaimed dividend, income received in advance.
Other Current Assets: Period Expenses, interest accrued on investment.
Other Non Current Assets; Long Term Trade Receivables, Loans and advances by directors of company.
Other Non Current Liabilities: Trade Payables, if they remain outstanding for more than 12 months.
Regards
Other Current Liabilities: Interest accrued but not due on borrowings, unclaimed dividend, income received in advance.
Other Current Assets: Period Expenses, interest accrued on investment.
Other Non Current Assets; Long Term Trade Receivables, Loans and advances by directors of company.
Other Non Current Liabilities: Trade Payables, if they remain outstanding for more than 12 months.
Regards
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