Short term borrowing v/s long term borrowing

In my opinion!

It cant be bifurcated!

Thanks!

Yes your are right,

As per clarification book issued by ICAI for Financial Statements Presentation under Companies Act, 2013  Practitioner’s Perspective, portion of amount which is going to payble in next 12 month as short term borrowing.

for more infrmation check the link

https://www.icai.org/post.H T M L?post_id=11048

Thanks