vehicle loan is payable in 5 years. every month instalment is 5k+.
now my question is "is this vehicle loan a current liability or a non current liability?
CURRENT LIABILITY RS 5,000 /-
AND NON CURRENT LIABILITY RS 2,95,000 /-
Rohan Bagra (406 Points)
23 February 2019
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 23 February 2019
CURRENT LIABILITY RS 5,000 /-
AND NON CURRENT LIABILITY RS 2,95,000 /-
Rohan Bagra
(406 Points)
Replied 23 February 2019
Priya Kashyap
(Student)
(7048 Points)
Replied 24 February 2019
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