Jacob has a bank loan, which is repayable in equal instalments over the next four years.How should this be presented in his statement of financial position?
A: As a non-current liability only
B: As a current liability only
C: As a non-current liability only, but with an explanation in the notes to the accounts that some is expected to be paid within the current year
D: Split between current liabilities and non-current liabilities
A: As a non-current liability only
B: As a current liability only
C: As a non-current liability only, but with an explanation in the notes to the accounts that some is expected to be paid within the current year
D: Split between current liabilities and non-current liabilities
举一反三
- Liabilities are classified into current liabilities and non-current liabilities.
- Liabilities are classified into current liabilities and non-current liabilities. A: 正确 B: 错误
- Liabilities are generally classified into( )and ( ).(2分) A: current liabilities、Non-current liabilities B: current assets、long-term assets C: accounting payable、intangible asset D: fixed asset、intangible asset
- Two common subgroups for liabilities on a classified balance sheet are: ____ A: current liabilities and intangible liabilities. B: present liabilities and operating liabilities. C: general liabilities and specific liabilities. D: current liabilities and non-current liabilities.
- Which of the following would normally be classified as a non-current asset and which as a current asset?Petty cash A: Non-current asset B: Current asset