Debt
This query is : Resolved
Vipul Chauhan
(Querist)
16 December 2013
Does debt includes current liability ?
16 December 2013
the ans is yes.
Ganeshbabu K
(Expert)
16 December 2013
portion of longterm debt which fall due for that year will be the current liability to organisation
16 December 2013
debt is a wider concept as compared to current liability which is only for a year or so.
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