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Purpose to report is to show that how much portion of long term debt will be paid or payable in current accounting year that's why that portion became current liability and not long term liability.

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11y ago

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Current maturities of long-term debt?

Current maturities of long term debt means that portion of debt which is payable in current fiscal year.


Is long term debt an operating liability?

NO. But the Current maturities of long-term debt is an operating liability.


What are maturities?

Maturities of debt instruments, such as bonds, loans, or notes payable, are the amounts of time outstanding before the debt becomes due.


Trading securities are debt securities that the investor has the intent to hold to maturity?

trading securities are not necessarily debt securities. trading securities can be defined as securities which investors buy for the purpose of further trade, they can be stocks of any companies, Government securities and debt securities with the intention to trade in near future. debt secrities can be trade or can be hold by investor till maturity. Government securituies can also hold till maturities.


How can we differentiate between money and capital markets?

Money markets are where short-term debt securities are traded, typically with maturities of one year or less. Capital markets, on the other hand, deal with long-term securities like stocks and bonds with maturities exceeding one year.


What is doctors reporting service of Texas?

Doctor's Debt Collector


What type of debt instruments does the federal government issue along with bonds?

Securities with maturity dates of less than a year are called Treasury bills (or T-bills); those with maturities from one to ten years are called notes; those with maturities exceeding ten years are generally called bonds.


How in debt is US?

Very in debt. The current debt is almost 15 trillion. If the current debt keeps rising the total debt is estimated to hit around 21 trillion.


Can you have a debt removed from your record if it is seven years old but the lender sold it to a new company?

Absolutely. However, the reporting period is not JUST 7 years. Per the Fair Credit Reporting Act (FCRA), the reporting period is 7 years + 180 days starting with the date of first delinquency that immediately preceded placement for oollection (internal or 3rd party) and/or charge-off. Basically that means 7-1/2 years from the time the debt went delinquent and you never again got the account current. The date of first delinquency MUST be reported by the creditor per the FCRA. Unfortunately, the 3 credit bureuas do not always show that date on your reports. If a debt is beyond the legal reporting period, dispute it as obsolete. The number of times a debt is sold does NOT re-set the reporting perior. A collection cannot outlive the obsolescence of the ORIGINAL debt. If a collection on a obsolete debt appears, it is very likely an attempt to illegally re-age a debt and should be disputed as such.


What are the release dates for Fox News Reporting Showdown on Debt Row - 2013 TV?

Fox News Reporting Showdown on Debt Row - 2013 TV was released on: USA: 3 March 2013


What is the current portion of long-term debt classified?

The current portion of long-term debt is classified with the ____


As a business owner how do you attach a debt a customer owes you to their credit rating?

You submit it to the credit reporting agencies with valid proof of the debt.