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easyMCQCUET Accountancy 2022 23 Aug Shift 2 PYQs2026Accountancy
1 mark

Which of the following is not included in Non-current liabilities, while preparing a Balance Sheet of a company :

  1. A
    Debentures
  2. B
    Bonds
  3. C
    Public Deposits
  4. D
    Cash Credit

Solution & Step-by-step Explanation

Debentures, Bonds, and Public Deposits are generally classified as Long-term Borrowings under Non-Current Liabilities. 'Cash Credit' is a short-term borrowing facility provided by banks and is classified under Current Liabilities.

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Which of the following is not included in Non-current liabilities, while preparing a Balance Sheet of a company :
A
Debentures
B
Bonds
C
Public Deposits
D
Cash Credit

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