Which of the following are not current liabilities?

Bank overdraft.

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Redeemable debentures.

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Provision for doubtful debts.

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Accounts payable.

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Solution

The correct option is B Redeemable debentures.
Debentures issued by the company represents a long term debt which carries a charge of interest. Redeemable debentures are not current liabilities.

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