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Current maturity Of Long-Term Debt

Updated: 4/28/2022
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10y ago

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Current maturity of long-term debt is the amount which is liable to pay in current fiscal year

Example:

Long-term loan payable in 10 years = 10000

Current portion of loan payable in current year = 1000

Remaining portion payable in next 9 year = 9000 is the long-term debt payable

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Q: Current maturity Of Long-Term Debt
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