Question

Which of the following is not shown as Non-Current Liabilities in the Balance Sheet?

Options

• Trade Payables

• Long-term Borrowings

• Deferred Tax Liabilities

• Long-term Provisions

Answer 1

Trade Payables

Explanation:

Trade Payables are categorized as Current Liabilities because they represent short-term debts owed to suppliers that a company must pay within its normal operating cycle, typically within 12 months. In contrast, Long-term Borrowings, Deferred Tax Liabilities, and Long-term Provisions are all Non-Current Liabilities because they represent obligations that are due after one year or longer.