Short-term borrowings will include all loans which needs to be settled within a period of from the date of the loan.
Short-term borrowings will include all loans within a period of _____ from the date of the loan.
Short-term loans are required for purchasing machinery, constructing fences and digging wells. Such loans are generally stretched over a period of 12 months to 3 years.
A liability shall be classified as _________ if it is due to be settled within twelve months after the reporting date.