Non-current liabilities represent:
A) amounts due to the owner of the business which are not payable within 12 months.
B) amounts due to outsiders which are not payable within 12 months.
C) amounts due and payable to outsiders within 12 months.
D) Both A and B.

Question

Quizplus · Accepted Answer

Non-current liabilities are amounts owed to outsiders that are not due to be paid within the next 12 months.

Non-Current Liabilities Represent