Trade Payable ( Sundry Creditors)


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Quick Summary
This discussion addresses the classification of trade payables, also known as sundry creditors. The question is whether to list creditors outstanding for over two years under non-current liabilities, while those under one year fall under current liabilities. The advice provided is to show all trade payables under current liabilities.

15 March 2023 Dear Sir

We have Some Creditors more then 2 years and some creditors in less then 1 year so we have to show under Current Liability or Non Current Liability
please suggest

15 March 2023 Show it under current liabilities.

16 March 2023 Thank you very much Sir


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