Non-current liability, all provisions are non current.
Lease agreements are generally made for more than one fiscal years that's why these are non-current liabilities.
current liability
Retained Earnings is a Non-Current Liability
No, it belongs to non-current liability
A pension fund is considered a non-current asset but it is a long term investment fund .
Lease agreements are generally made for more than one fiscal years that's why these are non-current liabilities.
current liability
It is a loan repayable. Hence it is a liability. As the liability is for more than one year, it is non current liability.
Retained Earnings is a Non-Current Liability
That part of interest which is due withing next 12 month or due in current financial year then that would be current liability and the remaining part will be non-current liability.
No, it belongs to non-current liability
A pension fund is considered a non-current asset but it is a long term investment fund .
bonds payable are shown in balance sheet under current as well as non-current liability portion as that much amount which is payable within current year is current liability and remaining is non-current liability.
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
non current liability
Assets: current assets (incl. cash, accounts receivable, inventory) and non-current assets (intangable, tangable and investment types) which equal total asset. Liabilities: current liabilities (incl. provisions, debt, accounts payable, accruels) and non-current liabilities (incl. long-term debt, payables and provisions) which make up the total liability. If the company is limited liability then owners equity, which includes capital and retained earnings. Total asset less total liability and owners equity should equal zero. That is: TA - (TL + Equity) = 0. Where TA is total asset and TL is total liability. ~MB
fair market value